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Friday, May 15, 2009

India's March consumer price index up 8.03 pc y/y

India's consumer price index rose 8.03 percent in March from a year earlier, lower than February's annual rise of 9.63 percent, government data showed on Friday.

The consumer price index, which is published monthly, for industrial workers remained steady at 148.

The wholesale price index is more closely watched in India because it covers a higher number of products and is released weekly.

Government data showed on Thursday the wholesale price index rose 0.48 percent in the 12 months to May 2, below the previous week's annual rise of 0.70 per cent.

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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 08
03:30 NZIER Business Confidence (QoQ) 2 19% 16%
04:40 Fed's Goolsbee speech 2
06:00 Westpac Consumer Confidence 2 -6% 4%
07:00 National Australia Bank's Business Conditions 1 4 3 Revised from 4
07:00 National Australia Bank's Business Confidence 1 -3 -2 Revised from -1
15:30 NFIB Business Optimism Index 1 101.3 100.7
18:25 Redbook Index (YoY) 1 4.8%
19:30 Ivey Purchasing Managers Index 2 53.6
19:30 Ivey Purchasing Managers Index s.a 2 53.2 55.3
21:30 BoE's Lombardelli speech 2
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