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IIPJAN 12, 2023

Industrial Production Growth at 4.30%

IIP for Nov 2022

0.2σ
NIFTY 50+0.34%vs T-60 baseline
USD / INR-0.64%vs T-60 baseline
INDIA VIX-6.35%vs T-60 baseline
Gilt Fund (10Y proxy)-1.47%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 Print4.30%
Consensus3.35%

Macroeconomic Assessment

Industrial output matched consensus.

Source: MOSPI — IIP
Cross-Asset Reaction MatrixExport CSV
Asset ClassT−60T+30T+2HT+1D
Nifty 50NIFTY · 1d--0.21%-0.21%+0.34%
USD / INRUSDINR · 1d--0.01%-0.01%-0.64%
India VIXVIX · 1d--1.04%-1.04%-6.35%
Gilt Fund (10Y proxy)GSEC · 1d--1.76%-1.76%-1.47%