PNB Gilts

Market News Updates

	WPI eased to 2.45% in May 2019 compared to 3.1% in April 2019.
	IIP grows to six-month high of 3.4% in April 2019.
	CPI inflation rises to 7-month high of 3.05% in May 2019.
	RBI cuts Repo Rate by 25 bps to 5.75% ; changes stance to “Accommodative”
	India: GDP growth forecast for FY 2019-20 slumped to a five-year low of 6.8%.
	India: GDP growth slipped to 5.8% in Q4 of FY 2018-19.
	WPI eased to 3.1% in April 2019 compared to 3.18% in March 2019
	IIP cools to 21-month low of -0.1% in March 2019
	CPI inflation rises to 6-month high of 2.92% in April 2019
	RBI cuts Repo Rate by 25 bps to 6.00% ; maintains stance to “Neutral”


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