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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Deposit Growth YoY fell to 11.1 in July 2024
FMPMonthlyReleased July 2024
India Deposit Growth YoY fell to 11.1 in July 2024, down 1.5 from June's 12.6 reading. The reading missed the 12.5 consensus by 1.4. Deposit Growth YoY has now declined for 5 consecutive months. Over the past 3 months, Deposit Growth YoY averaged 13.22, vs 13.37 in the prior 3-month window. Deposit Growth YoY is now the lowest in 13 months.
Latest Release
11.1
Actual
12.5
Consensus
12.6
Previous
The July 2024 reading fell from the previous value of 12.6. Historically, this indicator is positively correlated with S&P 500 (Bullish S&P 500) and positively correlated with Nikkei 225 (Bullish Nikkei 225).
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Deposit Growth YoY - IN
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Economic Calendar - IN Events
| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | IN | WPI Manufacturing YoY | 4.62 | 3.39 | 3.9 | 4.29 | Low |
| 06:30 | IN | WPI Inflation YoY | 8.3 | 3.88 | 4.4 | 5.53 | Low |
| 06:30 | IN | WPI Food Index YoY | 2.31 | 1.85 | 2.2 | 2.41 | Low |
| 06:30 | IN | WPI Fuel YoY | 24.71 | 1.05 | 3 | 7.88 | Low |