Sectoral Equity Indices & Market Analysis
0
2
4
6
Feb-20
Mar-20
Apr-20
May-20
8
Jun-20
Jul-20
Aug-20
130
110
was down ~11.73%
90
70
50
30
10
Jan-20
Apr-20
Jul-20
30
Confidential/Restricted
CPI Inflation (% YoY)
Fuel and light
Headline CPI
Upper Limit of Inflation Target
15
7.41
13
7.00
11
9
7
5
3
1
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Classification - Restricted
Retail Inflation Continued to Surge in September 2022.. While WPI has started to show some deceleration led by consolidation in
commodity prices ...
Inflation Internals (% YoY)
India Inflation (% YoY)
Feb-21
Source:-Ministry of Statistics and Program Implementation
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
-1
Brent Crude USD/Barrel
Brent Crude oil price increased by ~8.25%
MoM in Oct 2022. FYTD23 crude oil price
Bloomberg Commodity Index
140 Bloomberg Commodity Index
increased by ~1.67% MoM in Oct
2022. FYTD23 the index was down
130
120 ~8.5%
Oct-20
Jan-21
Apr-21
Jul-21
Oct-21
Jan-22
Source:- Bloomberg
Apr-22
Jul-22
Oct-22
70
80
Jan-21
90
100
110
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Sep-21
Oct-21
CPI Food
Feb-20
Mar-20
Apr-20
May-20
Jun-20
Jul-20
Aug-20
Sep-20
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Nov-21
Dec-21
Jan-22
Feb-22
Apr-22
May-22
Source:-Ministry of Statistics and Program Implementation
Source:- Bloomberg
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
200-
0
2019:01
400-
12
18
Core Inflation
WPI Inflation YoY (%)
―CPI Inflation YoY (%)
15
Sep-22
0
3
6
Jan-21
Mar-21
9
May-21
Jul-21
Sep-21
Nov-21
Jan-22
Source:- Bloomberg
Mar-22
May-22
Jul-22
(Index, January 2019 = 100)
Natural gas index
Brent crude oil
800-
600-
Wheat
Inflation Expectations - IMF staff
calculations
Natural gas index-July 2022 WEO Update
Brent crude oil-July 2022 WEO Update
Wheat-July 2022 WEO Update
20:01
21:01
22:01
Source: IMF staff calculations.
Note: Natural gas index comprises European, Japanese, and US natural gas price
indices. WEO = World Economic Outlook.
HDFC BANK RESEARCH
Classification - Restricted
HDFC BANK
We understand your world
23:01
23:04
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