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CPIJUN 12, 2024

CPI Inflation at 4.88%

CPI for May 2024

0.1σ
NIFTY 50+0.58%vs T-60 baseline
USD / INR+0.01%vs T-60 baseline
INDIA VIX-8.67%vs T-60 baseline
Gilt Fund (10Y proxy)-0.10%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 Print4.88%
Consensus4.90%

Macroeconomic Assessment

Inflation print aligned with consensus.

Source: MOSPI — CPI
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d-+0.25%+0.25%+0.58%
USD / INRUSDINR · 1d-+0.08%+0.08%+0.01%
India VIXVIX · 1d--2.57%-2.57%-8.67%
Gilt Fund (10Y proxy)GSEC · 1d--0.04%-0.04%-0.10%