EUpDates July 2021

KEY RATES
2021:06
(JUN)
2021:05
(MAY)
2021:04
(APR)
2021:03
(MAR)
2021:02
(FEB)
Index of Industrial Production
(YoY % Change)
(MoM)
General Index 29.3 -13.0 22.4 -3.6 -1.6 1.0 -1.9 3.6 0.2 -8.0 -10.4 -15.7 -33.9
Manufacturing 34.5 -12.6 25.8 -3.7 -2.0 1.6 1.7 3.5 -0.6 -8.6 -11.1 -15.9 -38.4
Capital Goods 85.3 -18.8 41.9 -4.2 -9.6 0.6 -7.1 3.3 -3.3 -15.4 -22.8 -37.4 -65.2
Domestic NC New Vehicle Sales
(SIAM) 14.7
(MoM)
-65.2 -30.2 67.8 10.2 5.0 5.8 10.0 11.5 -1.0 1.6 -16.0 -51.0 -80.0
Inflation ( %)
Wholesale Price Index 12.07 12.94 10.74 7.39 4.17 2.03 1.22 1.55 1.48 1.32 0.16 -0.25 -1.81 -3.37
All India Consumer Price Index 6.26 6.30 4.23 5.52 5.03 4.06 4.59 6.93 7.61 7.27 6.69 6.73 6.23 ...
Rural 6.16 6.55 3.75 4.61 4.19 3.23 4.07 7.2 7.75 7.36 6.66 6.76 6.34 ...
Urban 6.37 5.91 4.71 6.52 5.96 5.13 5.19 6.73 7.33 7.26 6.8 6.7 6.12 ...
All India Consumer Food Price Index 5.15 5.01 1.96 4.94 3.87 1.89 3.41 9.5 11 10.68 9.05 9.27 8.72 9.2
Rural 5.02 4.52 1.31 3.94 2.89 1.11 3.11 9.64 11.12 10.53 9.11 9.47 8.84 9.68
Urban 5.42 5.97 3.15 6.64 5.63 3.36 4.08 9.23 10.86 10.94 8.82 8.99 8.58 8.29
Interest Rates (%, as of last Friday)
Policy Repo Rate 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00 4.00
Reverse Repo Rate 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35 3.35
Marginal Standing Facility (MSF) 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25 4.25
Base Rate 7.40/8.80 7.40/8.80 7.40/8.80 7.40/8.80 7.30/8.80 7.30/8.80 7.30/8.80 7.40/8.80 7.40/8.80 7.40/9.00 7.40/9.00 7.40/9.00 7.40/9.00 8.15/9.40
Call Money Rate (Weighted Average) 3.15 3.18 3.21 3.25 3.25 3.23 3.24 3.10 3.19 3.41 3.43 3.46 3.54 3.62
10-Year G-Sec Par Yield (FBIL) 6.34 6.26 6.26 6.32 6.34 5.96 5.91 5.84 5.91 6.06 6.15 5.78 5.93 5.79
10-year CMY (for traded Gsecs) 6.50 .. .. 6.38 6.22 5.91 5.90 5.90 5.96 6.13 6.54 5.89 6.05 6.09
INR-Euro Spot Rate (Rs. Per USD) 74.18 72.48 74.02 72.40 73.04 72.95 73.68 73.80 73.97 73.73 73.35 74.77 75.48 75.64
Foreign Trade (% Change)
Exports 47.3 69.4 197.0 53.7 0.67 6.2 0.1 -8.7 -5.4 6.0 -12.7 -10.21 -12.4 -36.5
Imports 96.3 73.6 166.0 60.3 6.96 2 7.56 -13.3 -11.56 -19.6 -26 -28.4 -47.6 -51.05
Crude oil, average ($/bbl) 71.8 66.4 63.0 63.8 60.5 53.6 48.7 42.3 39.9 40.6 43.4 42.1 39.5 30.4
Leading Economic Indicators
JPM Global Composite PMI, IHS
Markit
2021:01
(JAN)
2020:12
(DEC)
2020:11
(NOV)
2020:10
(OCT)
2020:09
(SEP)
2020:08
(AUG)
2020:07
(JUL)
2020:06
(JUN)
2020:05
(MAY)
56.6 58.4 56.7 54.8 53.2 52.3 52.7 53.1 53.3 52.1 52.4 50.8 47.8 36.3
India Manufacturing PMI, IHS Markit 48.1 50.8 55.5 55.4 57.5 57.7 56.4 56.3 58.9 56.8 52.0 46.0 47.2 30.8
India Services Business Activity Index,
IHS Markit
41.2 46.4 54.0 54.6 55.3 52.8 52.3 53.7 54.1 49.8 41.8 34.2 33.7 12.6
Composite Leading Indicators (CLI)
110.0
105.0
100.0
95.0
90.0
95.0
92.7
94.8
99.6
95.7
96.4
88.7
101.2
97.4
93.6
97.9
101.9
102.6
103.1
103.5
103.7
103.7
97.4 97.6 97.8 97.9 98.2
100.7 101.3
96.0
99.4 99.9 100.3 101.0
98.4
98.7
99.0
99.3
99.5
99.8
103.5
103.2
100.0
103.0
101.9
102.7
102.5
102.1 102.3
100.3
100.5
100.7
100.9
98.4
101.5 101.7 98.5 98.5 98.5 98.5
OECD + Major
Six NME
China (PRC)
India
85.0
80.0
80.4
Brazil
May-2020
Jun-2020
Jul-2020
Aug-2020
Sep-2020
Oct-2020
Nov-2020
Dec-2020
Jan-2021
Feb-2021
Mar-2021
Apr-2021
May-2021
Jun-2021
E-UpDates July 2021
6
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