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CPIJAN 12, 2024

CPI Inflation at 5.73%

CPI for Dec 2023

0.5σ
NIFTY 50+2.08%vs T-60 baseline
USD / INR-0.18%vs T-60 baseline
INDIA VIX+7.99%vs T-60 baseline
Gilt Fund (10Y proxy)-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 Print5.73%
Consensus5.90%

Macroeconomic Assessment

Inflation print aligned with consensus.

Source: MOSPI — CPI
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d-+1.14%+1.14%+2.08%
USD / INRUSDINR · 1d-+0.06%+0.06%-0.18%
India VIXVIX · 1d-+2.58%+2.58%+7.99%
Gilt Fund (10Y proxy)GSEC · 1d--0.38%-0.38%-