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Monday, March 8, 2010

Montek says food inflation to ease in 2 mths

India's food and aggregate inflation would trend down over the next two months, a top economic adviser said on Monday.

"I would not hazard a guess on end-March inflation projections, but I would expect food and aggregate inflation to trend down over the next two months," Montek Singh Ahluwalia, the deputy chairman of the Planning Commission, told reporters.

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GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 08
18:25 Redbook Index (YoY) 1 7.2% 4.8%
19:30 Ivey Purchasing Managers Index s.a 2 51.3 53.2 55.3
19:30 Ivey Purchasing Managers Index 2 55.6 53.6
21:30 BoE's Lombardelli speech 2
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23:30 Fed's Daly speech 2
Wednesday, Apr 09
02:00 API Weekly Crude Oil Stock 1 6.037M
07:30 RBNZ Interest Rate Decision 3 3.50% 3.75%
07:30 RBNZ Monetary Policy Statement 3
15:00 FPC Statement 1
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