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Investor Presentaiton

18 16 14 12 - 10 8 6420 N Source: CEIC Apr-22- May-22 Jun-22 LEAD INDICATORS: INFLATION Jul-22 Aug-22 Retail & Wholesale Inflation Trends Lower Sep-22 Oct-22 CPI Inflation WPI Inflation Nov-22 Dec-22 Jan-23 Feb-23 Mar-23 (Y-0-Y%) 6.7% 5.7% 5.5% 1.3% Source: CEIC 4.2% Average CPI Inflation across Categories 7.2% 6.7% 11.3% 10.4% 9.5% 4.3% 3.7% 6.7% 6.3% General Index Food & Beverages Clothing & Footwear Housing Fuel & Light Miscellaneous CPI Inflation eased to a 15-month low of 5.7% in March, whereas WPI inflation dropped to 1.3%, the lowest level in 29 months. Despite moderation in food inflation, prices of select items such as cereals and milk remained elevated. Impact of past rate hikes, favourable base, some easing in pent-up demand, and lower commodity prices to support easing in retail inflation. Risks associated with unfavourable monsoons pose an upside risk to retail inflation. FY22 FY23 15 (Y-o-Y) Care Edge RATINGS
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