E-UPDates—A Monthly Statistical Bulletin of Economic Indicators

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Global Commodity Prices Primary Commodity Indices*/ Prices Units Descriptor Oct-17 Nov-17 Dec-17 Oct-18 Nov-18 Dec-18 Index Number* Non-Energy Commodities 84.46 84.82 84.24 82.26 81.14 80.82 Index Number* Agriculture 85.33 85.60 84.86 83.35 82.25 82.66 Index Number* Food 88.60 89.19 88.20 86.40 84.84 86.08 Index Number* Grains 79.08 80.33 81.40 87.37 85.85 88.39 Index Number* Metals & Minerals 83.39 83.46 84.11 79.35 77.50 76.07 Index Number* Energy 70.85 76.63 78.11 96.87 81.91 72.65 USD per Barrel Crude Oil, Brent 57.62 62.57 64.21 80.47 65.17 56.46 USD per Barrel Crude Oil Dubai Fateh 55.58 60.58 61.41 78.96 65.11 56.47 USD per Barrel Crude Oil WTI 51.56 56.65 57.94 70.75 56.67 48.95 USD per Million Metric British Natural Gas, H H, Louisiana 2.87 2.99 2.76 3.29 4.14 3.98 Thermal Unit USD per Metric Ton Coal, Australian Thermal 97.11 96.64 100.81 108.73 100.73 101.37 USD per Metric Ton Aluminum 2131.49 2097.44 2080.47 2029.86 1938.51 1920.38 USD per Metric Ton Copper 6807.60 6826.55 6833.89 6219.59 6195.92 6075.32 USD per Metric Ton Iron Ore 61.66 64.24 72.25 73.41 73.26 69.15 USD per Troy Oz. Gold 1279.51 1281.90 1264.45 1215.39 1220.65 1250.40 USD per Kg Rubber 1.46 1.43 1.46 1.32 1.23 1.26 USD per Kg Cotton 1.73 1.77 1.88 1.91 1.91 1.90 USD per Metric Ton Sunflower oil 804.82 809.86 800.76 718.04 706.09 703.00 USD per Metric Ton Groundnut oil 1481.11 1502.29 1510.17 1433.63 1438.26 1434.58 USD per Metric Ton Soybean Oil 880.60 886.77 867.20 752.37 729.22 727.88 USD per Metric Ton Soybeans 396.52 393.85 387.15 367.96 374.04 380.53 USD per Kg Sugar, EU 0.38 0.38 0.39 0.38 0.37 0.37 USD per Kg Sugar, U.S. 0.60 0.60 0.59 0.56 0.55 0.56 USD per Kg Sugar, World (ISA) 0.32 0.33 0.32 0.29 0.28 0.28 USD per Kg Tea*** 3.29 3.23 3.13 2.74 2.70 2.64 USD per Kg Coffee, Arabicas 3.10 3.11 3.03 3.03 3.02 2.80 USD per Metric Ton Rice, Bangkok 394.00 402.00 406.00 409.00 401.00 404.00 USD per Metric Ton Wheat, US 177.01 175.66 172.49 209.10 210.85 217.81 *World Bank commodity price indices for low and middle income countries (2010=100); ** Avg.of Colombo, Kolkata & Mombasa auctions. Observed & Projected Price Movements, IMF WEO Database 2019 148.45 115.76 2018 154.07 117.56 2017 146.32 115.80 2016 119.73 113.25 134.57 136.43 115.59 100.25 128.87 154.65 134.74 130.03 152.04 138.76 98.99 148.59 133.52 80.29 145.35 117.01 Crude Oil Index(Petroleum), Brent, West Texas Intermediate, and the Dubai Fateh Metals Price Index, Copper, Aluminum, Iron Ore, Tin, Nickel, Zinc, Lead, and Uranium Price Indices Food Price Index includes Cereal, Vegetable Oils, Meat, Seafood, Sugar, Bananas, and Oranges Agricultural Raw Materials Index includes Timber, Cotton, Wool, Rubber, and Hides Price Industrial Inputs Price Index includes Agricultural Raw Materials and Metals Fuel and Non-Fuel Price Indices 0.00 50.00 100.00 150.00 200.00 E-UpDates January 2019 26 Surge Research Support
Following are the Highlights of RBI’s December 2018 Financial Stability Report: Overall assessment of systemic risks India’s financial system remains stable, and the banking sector shows signs of improvement, even though the global economic environment and the emerging trends in financial sector pose challenges. Global and domestic macro-financial risks • The global growth outlook for 2018 and 2019 remains steady although the underlying downside risks have risen. • Spill-over risk to emerging economies engendered by tightening of financial conditions in Advanced Economies, protectionist trade policies and global geopolitical tension has significantly increased. • The gradual monetary policy normalisation in advanced economies (AEs) as also the uncertainty in global trade regime may adversely affect capital flows to emerging markets (EMs) and exert upward pressure on EM interest rates and corporate spreads. • On the domestic front, growth of gross domestic product (GDP) showed slight moderation in Q2:2018-19 while inflation remains contained. • In domestic financial markets, structural shifts in credit intermediation and the evolving interconnectivity between banks and the non-banks call for greater vigilance. Financial Institutions: Performance and risks • Credit growth of scheduled commercial banks (SCBs) has improved between March 2018 and September 2018, driven largely by private sector banks (PVBs). • The asset quality of banks showed an improvement with the gross non-performing assets (GNPA) ratio of SCBs declining from 11.5 per cent in March 2018 to 10.8 per cent in September 2018. • Under the baseline scenario, GNPA ratio may decline from 10.8 per cent in September 2018 to 10.3 per cent in March 2019. • Analysis of the financial network structure for the period September 2017 - September 2018 reveals a shrinking inter-bank market and increasing bank linkages with asset management companies-mutual funds (AMC-MFs) for raising funds and with NBFCs/Housing Finance Companies (HFCs) for lending. Following are the Highlights of RBI’s Report on Trend and Progress of Banking in India 2017-18: This Report presents the performance and salient policy measures relating to the banking sector during 2017-18 and 2018-19 so far. The Report also provides an analysis of the co-operative banks and non-banking financial institutions. The highlights of the Report are set out below: • The overhang of stressed assets weighed down the consolidated balance sheet of the banking sector, necessitating large provisions, which adversely affected their profitability during 2017-18. Recent data for H1:2018-19, however, indicates that the non-performing assets (NPAs) have begun to stabilise, albeit at an elevated level; capital positions have been buffered and the provision coverage ratio has improved. • The year 2017-18 can be considered a watershed in the resolution of stressed assets as the foundation of a new, comprehensive, decisive and credible framework was laid and built upon through the Reserve Bank’s circular dated February 12, 2018 under the overarching mandate of the Insolvency and Bankruptcy Code (IBC). • The revival in credit growth in 2017-18, from the deceleration in the previous year, coupled with improving share of bank finance in the total flow of resources to the commercial sector, augurs well for the growth prospects of the banking sector. The continuing credit growth recovery in 2018-19 (up to October 2018) may further reinforce this momentum. • The Reserve Bank took steps to progressively align the liquidity risk management practices of the Indian banking system with international standards. Further, commercial banks were allowed to co-originate priority sector loans with non-deposit taking systemically important nonbanking financial companies (NBFCs-ND-SI) to enhance the efficiency of credit delivery to priority sectors. • In the co-operative banking space, the consolidated balance sheet of urban co-operative banks (UCBs) moderated in 2017–18 on account of slower deposit growth. While the overall profitability of these banks moderated, their asset quality improved. The eligible UCBs are now allowed to transit to small finance banks (SFBs), which would enable them to carry out a wider range of activities and also have a pan-India presence. E-UpDates January 2019 27 Surge Research Support
Page 1 and 2: mayday 2019 EUpDates January 2019 A
Page 3 and 4: India's MERCHANDISE EXPORTS growth
Page 5 and 6: GDP IIP 2018-19* 7.4% Oct-18 8.1% 2
Page 7 and 8: GDP [at Constant(2011-12) prices] 2
Page 9 and 10: Banking Indicators COMPONENTS & SOU
Page 11 and 12: Exchange Rates Movement of the Rupe
Page 13 and 14: RBI LAF Net Injection(+)/ Absorptio
Page 15 and 16: Debt Market Yields Weighted Average
Page 17 and 18: Index Movements BSE: S&P BSE Sensex
Page 19 and 20: Equity/Trading Date Capital Flows M
Page 21 and 22: Equity/Reporting Date Gross Purchas
Page 23 and 24: Commodity Futures Indices TRMCX- Co
Page 25: S&P BSE Sensex (India) DJI (US) S&P
Page 29 and 30: Following are the Highlights of RBI
Page 31: 2019 EUpDates January 2019 A Monthl

E-UPDates—A Monthly Statistical Bulletin of Economic Indicators

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