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Thursday, April 16, 2009

Inflation at 0.18%

Inflation measured by the wholesale price index rose 0.18% in the 12 months to 4 April 2009, below the previous week's annual rise of 0.26%, government data released today, 16 April 2009 showed.

The annual inflation rate was 7.71% during the corresponding week of the previous year.

Fall in commodity prices and economic slowdown has caused a sustained slide in inflation since peaking at 12.91% in early August 2008.

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GMT+5:30 Event Vol. Actual Consensus Previous
Sunday, Jun 22
22:45 Fed's Daly speech 2
Monday, Jun 23
04:30 S&P Global Services PMI 2 50.6
04:30 S&P Global Manufacturing PMI 2 51
04:30 S&P Global Composite PMI 2 50.5
12:30 Fed's Waller speech 2
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