{
 "id": "in-realrate",
 "name": "Real policy rate",
 "region": "india",
 "layer": "cycle",
 "unit": "%",
 "cadence": "monthly",
 "state": "normal",
 "latest": {
  "period": "2026-07-01",
  "value": 0.676621
 },
 "stale": false,
 "trend": "easing",
 "publisher": "worldstat.us, from the two series below",
 "series_code": "in-repo minus in-cpi",
 "licence": "Derived from the component series; see their licences",
 "description": "The policy rate minus headline CPI inflation over the past year, read at the end of each month: how hard monetary policy is braking. The threshold is the series' own ten-year mean plus one point, so each region has a baseline that fits its history and nothing is estimated. It triggers only while the policy rate is also higher than six months earlier; above the level with rates on hold or falling it is on Watch.",
 "points": [
  {
   "period": "2023-02-01",
   "value": 0.34
  },
  {
   "period": "2023-03-01",
   "value": 0.706349
  },
  {
   "period": "2023-04-01",
   "value": 1.409945
  },
  {
   "period": "2023-05-01",
   "value": 2.081395
  },
  {
   "period": "2023-06-01",
   "value": 0.927245
  },
  {
   "period": "2023-07-01",
   "value": -1.044265
  },
  {
   "period": "2023-08-01",
   "value": -0.412442
  },
  {
   "period": "2023-09-01",
   "value": 1.777989
  },
  {
   "period": "2023-10-01",
   "value": 2.04717
  },
  {
   "period": "2023-11-01",
   "value": 1.518868
  },
  {
   "period": "2023-12-01",
   "value": 1.586924
  },
  {
   "period": "2024-01-01",
   "value": 1.906627
  },
  {
   "period": "2024-02-01",
   "value": 1.601733
  },
  {
   "period": "2024-03-01",
   "value": 2.29895
  },
  {
   "period": "2024-04-01",
   "value": 2.625186
  },
  {
   "period": "2024-05-01",
   "value": 2.63957
  },
  {
   "period": "2024-06-01",
   "value": 2.834311
  },
  {
   "period": "2024-07-01",
   "value": 4.352541
  },
  {
   "period": "2024-08-01",
   "value": 4.057471
  },
  {
   "period": "2024-09-01",
   "value": 2.281818
  },
  {
   "period": "2024-10-01",
   "value": 2.092485
  },
  {
   "period": "2024-11-01",
   "value": 2.617901
  },
  {
   "period": "2024-12-01",
   "value": 2.969741
  },
  {
   "period": "2025-01-01",
   "value": 3.404248
  },
  {
   "period": "2025-02-01",
   "value": 3.663793
  },
  {
   "period": "2025-03-01",
   "value": 3.298236
  },
  {
   "period": "2025-04-01",
   "value": 3.058824
  },
  {
   "period": "2025-05-01",
   "value": 3.069335
  },
  {
   "period": "2025-06-01",
   "value": 2.954031
  },
  {
   "period": "2025-07-01",
   "value": 2.837071
  },
  {
   "period": "2025-08-01",
   "value": 2.34432
  },
  {
   "period": "2025-09-01",
   "value": 2.708653
  },
  {
   "period": "2025-10-01",
   "value": 3.285467
  },
  {
   "period": "2025-11-01",
   "value": 2.939446
  },
  {
   "period": "2025-12-01",
   "value": 2.118476
  },
  {
   "period": "2026-01-01",
   "value": 1.47905
  },
  {
   "period": "2026-02-01",
   "value": 1.258403
  },
  {
   "period": "2026-03-01",
   "value": 0.984266
  },
  {
   "period": "2026-04-01",
   "value": 0.79007
  },
  {
   "period": "2026-05-01",
   "value": 0.527778
  },
  {
   "period": "2026-06-01",
   "value": 0.491379
  },
  {
   "period": "2026-07-01",
   "value": 0.676621
  }
 ],
 "url": "https://worldstat.us/indicator/in-realrate"
}