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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
Friday, Jun 06
18:00 U6 Underemployment Rate 2 7.8% 7.8%
18:00 Average Weekly Hours 1 34.3 34.3 34.3
18:00 Average Hourly Earnings (YoY) 3 3.9% 3.7% 3.9% Revised from 3.8%
18:00 Average Hourly Earnings (MoM) 3 0.4% 0.3% 0.2%
18:00 Nonfarm Payrolls 3 139K 130K 147K Revised from 177K
22:30 Baker Hughes US Oil Rig Count 1 461
Saturday, Jun 07
00:30 Consumer Credit Change 1 $10.85B $10.17B
01:00 CFTC Oil NC Net Positions 1 165.7K
01:00 CFTC GBP NC Net Positions 1 £35.4K
01:00 CFTC AUD NC Net Positions 1 $-61.2K
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