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
Tuesday, Apr 08
00:30	Consumer Credit Change	1	$-0.81B	$15.20B	$18.08B
03:30	NZIER Business Confidence (QoQ)	2	19%		16%
04:40	Fed's Goolsbee speech	2
07:00	National Australia Bank's Business Conditions	1	4		4
07:00	National Australia Bank's Business Confidence	1	-3		-2	Revised from -1
11:15	Unemployment Rate s.a (MoM)	1			2.7%
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