i Develop Stocks Advisory: Food price index up 16.81 pct y/y on Jan 9

Thursday, January 21, 2010

Food price index rose 16.81 percent in the 12 months to Jan. 9, while the fuel index was up 6.34 percent, the government said on Thursday.

The rise in food price index was lower than an annual rise of 17.28 percent in the previous week.

India's annual wholesale inflation rose to 7.31 percent in December 2009, compared with 4.78 percent rise in November and 6.15 percent a year ago.

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Wednesday, Jun 18
23:30	Interest Rate Projections - 1st year	3	3.6%		3.4%
23:30	FOMC Economic Projections	3
Thursday, Jun 19
00:00	FOMC Press Conference	3
01:30	Total Net TIC Flows	1	$-14.2B		$253.1B	Revised from $254.3B
01:30	Net Long-Term TIC Flows	1	$-7.8B		$162.4B	Revised from $161.8B
04:15	Gross Domestic Product (QoQ)	3		0.7%	0.7%
04:15	Gross Domestic Product (YoY)	3		-0.8%	-1.1%
07:00	Employment Change s.a.	3		25K	89K
07:00	Full-Time Employment	2			59.5K
07:00	Part-Time Employment	2			29.5K