Skip to content
Timeline
CPIOCT 12, 2023

CPI Inflation at 5.09%

CPI for Sep 2023

1.2σ
NIFTY 50-0.30%vs T-60 baseline
USD / INR+0.01%vs T-60 baseline
INDIA VIX-3.37%vs T-60 baseline
Gilt Fund (10Y proxy)-0.13%vs T-60 baseline
Cross-Asset Reaction Window

The 10-year sovereign is shown as a gilt-fund proxy, whose value moves inversely to yields. Older events use daily closes, so the intraday windows then coincide with the daily close.

Surprise Analysis
Surprise Deviationvs consensus, σ-scaled
0.0σ

Actual Print5.09%
Consensus5.50%

Macroeconomic Assessment

CPI below expectations (1.2σ surprise).

Source: MOSPI — CPI
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d--0.09%-0.09%-0.30%
USD / INRUSDINR · 1d--0.04%-0.04%+0.01%
India VIXVIX · 1d--3.37%-3.37%-3.37%
Gilt Fund (10Y proxy)GSEC · 1d-0.00%0.00%-0.13%