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Monday, March 15, 2010

March inflation seen at Feb level: Eco adviser

India's wholesale price inflation in March is expected to remain at a 16-month high, Kaushik Basu, the chief economic adviser in the finance ministry, said today. Annual wholesale price inflation accelerated to 9.89 per cent in February, the highest since October 2008 and well above the Reserve Bank of India's end-March projection of 8.5 per cent and the 8.56 per cent January reading.
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GMT+5:30 Event Vol. Actual Consensus Previous
Friday, Jun 20
18:00 Fed's Waller speech 2
18:00 Raw Material Price Index 1 -0.4% -0.8% -3.3% Revised from -3.0%
18:00 Industrial Product Price (MoM) 1 -0.5% 0.0% -0.8%
n/a Fed Monetary Policy Report 2
22:30 Baker Hughes US Oil Rig Count 1 438 439
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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