India Exports of Printed Books, Newspapers, Pictures  1996-2017 | Data

Exports of Printed Books, Newspapers, Pictures in India decreased to 41.24 USD Million in 2016 from 142.12 USD Million in 2015. Exports of Printed Books, Newspapers, Pictures in India averaged 150.63 USD Million from 1996 until 2016, reaching an all time high of 337.22 USD Million in 2011 and a record low of 36.06 USD Million in 1997.

India Exports of Printed Books, Newspapers, Pictures
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India Trade Last Previous Highest Lowest Unit
Balance of Trade -14018.80 -8984.29 258.90 -20210.90 USD Million [+]
Exports 23098.18 28613.41 30541.44 59.01 USD Million [+]
Imports 37117.00 37597.70 45281.90 117.40 USD Million [+]
Current Account -14300.00 -3432.97 7360.00 -31857.18 USD Million [+]
Current Account to GDP -0.70 -1.06 2.28 -4.80 percent [+]
External Debt 485800.00 471852.00 485800.00 96392.00 USD Million [+]
Terms of Trade 71.80 57.90 100.00 57.90 Index Points [+]
Capital Flows 8.42 23.54 766.97 -271.47 USD Million [+]
Foreign Direct Investment 1108.00 8579.00 8579.00 -60.00 USD Million [+]
Remittances 10097.59 9533.93 12293.40 5999.10 USD Million [+]
Tourist Arrivals 876000.00 723000.00 1037000.00 129286.00 [+]
Gold Reserves 557.77 557.77 557.77 357.75 Tonnes [+]
Crude Oil Production 744.00 745.00 813.48 526.00 BBL/D/1K [+]
Terrorism Index 7.48 7.75 8.09 7.22 [+]
Weapons Sales 42.00 42.00 42.00 0.00 USD Million [+]

Exports by Country  |   Exports by Category  |   Imports by Country  |   Imports by Category



India Exports of Printed Books, Newspapers, Pictures

This page includes a chart with historical data for India Exports of Printed Books, Newspapers, Pictures. India Exports of Printed Books, Newspapers, Pictures - actual data, historical chart and calendar of releases - was last updated on November of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
41.24 142.12 337.22 36.06 1996 - 2016 USD Million Yearly
Current prices NSA




RELATED NEWS

Tuesday November 14 2017
India Wholesale Inflation at 6-Month High of 3.59%  
Wholesale prices in India rose 3.59 percent year-on-year in October of 2017, following a 2.60 percent increase in the prior month and above market estimates of a 3.01 percent gain. It was the highest wholesale inflation since April, due to a surge in cost of food and a faster rise in cost of fuel.
Monday November 13 2017
India Inflation Rate at 7-Month High of 3.58%  
Consumer prices in India increased 3.58 percent year-on-year in October of 2017, above 3.28 percent in September and market expectations of 3.46 percent. It is the highest inflation rate in seven months, mainly driven by rising cost of food and fuel.
Monday October 16 2017
India Wholesale Price Inflation Below Expectations  
Wholesale prices in India rose 2.60 percent year-on-year in September of 2017, following a 3.24 percent increase in the prior month. The figure came in below market estimates of a 3.41 percent gain, mainly due to a slowdown in cost of food and fuel.
Thursday October 12 2017
India Inflation Rate Unchanged in September  
India's consumer price inflation came in at increased 3.28 percent year-on-year in September 2017, unchanged from the previous month's five-month high and below market expectations of 3.6 percent. Food inflation slowed while prices rose at a faster pace for housing, fuel and clothing.
Wednesday October 04 2017
India Leaves Key Rate at 7-Year Low of 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on October 4th 2017, following a 25bps cut in August and in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term target for inflation of 4 percent +/- 2 percent, while supporting growth. The central bank also increased its inflation forecasts for October-March to a range of 4.2 percent to 4.6 percent while the gross value added projection was cut to 6.7 percent from 7.3 percent.
Thursday September 14 2017
Indian Wholesale Inflation at 4-Month High of 3.24% in August  
Wholesale prices in India rose 3.24 percent year-on-year in August of 2017, following a 1.88 percent increase in the prior month and above market estimates a 3.0 percent gain. It was the highest wholesale inflation since April, due to a surge in prices of food and fuel.
Tuesday September 12 2017
India Inflation Rate at 5-Month High in August  
Consumer prices in India increased 3.36 percent year-on-year in August of 2017, following a 2.36 percent rise in July and above market expectations of 3.2 percent. It is the highest inflation rate since March, due to a rebound in food prices. The Reserve Bank of India expects inflation at 2 percent - 3.5 percent in the first half of this fiscal year (April to September 2017) and at 3.5 percent - 4.5 percent in the second half (October 2017 to March 2018).
Thursday August 31 2017
India GDP Growth at Over 3-Year Low of 5.7% in Q2  
The Indian economy expanded 5.7 percent year-on-year in the second quarter of 2017, below 6.1 percent in the previous period and market expectations of 6.6 percent. It remains the weakest growth rate since the first quarter of 2014 due to a slowdown in consumer spending and exports. On the production side, manufacturing and agriculture eased. Figures for the second quarter of 2017 mark the third consecutive period of slowing growth, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation.
Monday August 14 2017
India Inflation Rate Rises to 2.36% in July  
India's consumer prices increased 2.36 percent year-on-year in July 2017, beating market expectations of 1.87 percent and following a 1.54 percent gain in the previous month. Cost of housing, energy and clothing rose further and food prices fell at a softer pace.
Monday August 14 2017
India WPI Rises More than Expected in July  
Wholesale prices in India rose 1.88 percent year-on-year in July of 2017, compared to a 0.9 percent rise in the prior month while market estimated a 1.3 percent rise. A surge in food prices offset a slowdown in cost of manufactured products and fuel.
Wednesday August 02 2017
India Cuts Key Rate to 6%  
The Reserve Bank of India lowered its benchmark interest rate by 25bps to 6 percent on August 2nd 2017, in line with market expectations. It is the first rate cut so far this year, bringing borrowing cost to the lowest since 2010 amid a sharp slowdown in inflation. The reverse repo rate was also lowered by 25bps to 5.75 percent and the marginal standing facility rate and the Bank Rate to 6.25 percent.
Friday July 14 2017
India Wholesale Inflation At 11-Month Low Of 0.9% In June  
Wholesale prices in India rose 0.9 percent year-on-year in June of 2017, compared to a 2.17 percent rise in May and below market estimates of a 1.6 percent rise. It was the lowest wholesale inflation since July of 2016, as cost of manufactured products and fuel went up at a slower pace and food prices fell further.
Wednesday July 12 2017
India Inflation Rate Falls To Fresh Low Of 1.54%  
Consumer prices in India increased 1.54 percent year-on-year in June of 2017, slowing sharply from a 2.18 percent rise in May and below market expectations of 1.7 percent. The inflation rate fell to a fresh record low for the third month as food prices declined faster amid a favorable monsoon.
Wednesday June 14 2017
India Wholesale Inflation At 5-Month Low Of 2.17% In May  
Wholesale prices in India rose 2.17 percent from a year earlier in May of 2017, compared to a 3.85 percent gain in April and below market estimates of 3.11 percent. It was the lowest wholesale inflation since December 2016, as cost of manufactured products and fuel went up at slower paces while prices of primary articles declined.
Monday June 12 2017
India Inflation Rate Down To Record Low Of 2.18%  
Consumer prices in India increased 2.18 percent year-on-year in May of 2017, slowing from a 2.99 percent rise in April and well below market expectations of 2.6 percent. The inflation hit a new record low for the second month as food prices fell for the first time ever led by pulses and vegetables.
Wednesday June 07 2017
India Leaves Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at 6.25 percent on June 7th 2017 as widely expected, saying the decision is consistent with a neutral monetary policy stance. Policymakers added that the inflation outlook for the next months is uncertain and revised down its GVA growth forecasts for 2017-2018 by 10bps to 7.3 percent. The reverse repo rate was also left unchanged at 6 percent, following a 25bps cut in April; the bank rate at 6.5 percent and the cash rate at 4 percent.
Wednesday May 31 2017
India GDP Growth Unexpectedly Slows To 6.1% In Q1  
The Indian economy advanced 6.1 percent year-on-year in the first quarter of 2017, slowing sharply from a 7 percent expansion in the previous period and well below market expectations of 7.1 percent. It is the lowest growth rate since the last quarter of 2014, due to a slowdown in consumer spending and a drop in investment, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation. In addition, the government changed the GDP base year for 2011-2012 from 2004-2005. The same change was made earlier for industrial production and wholesale prices indexes, with adjustments in the weights of the different industries. Considering the April 2016-March 2017 period, the economy advanced 7.1 percent, in line with the official estimate but below 8 percent in the previous year.
Friday May 12 2017
India Inflation Rate Falls To Record Low Of 2.99%  
Consumer prices in India increased 2.99 percent year-on-year in April of 2017, following a 3.81 percent rise in March and well below market expectations of 3.5 percent. It is the lowest inflation rate since the series began in 2012, driven by a slowdown in food prices.
Friday May 12 2017
India Wholesale Inflation Below Expectations  
Wholesale prices in India rose 3.85 percent year-on-year in April of 2017, following a downwardly revised 5.29 percent gain in March and well below market estimates of 4.8 percent. It is the lowest wholesale inflation in four months after the government revised the base year.
Monday April 17 2017
India WPI Rises Less Than Expected In March  
Indian wholesale prices rose 5.70 percent year-on-year in March of 2017, following a 6.55 percent gain in February and below market estimates of a 5.98 percent rise. A slowdown in cost of manufactured products offset a faster increase in cost of food and petrol.
Wednesday April 12 2017
India Inflation Rate Rises Less Than Forecasts  
Consumer prices in India increased 3.81 percent year-on-year in March of 2017, following a 3.65 percent rise in February and below market expectations of 3.98 percent. Food inflation slowed to 1.93 percent from 2.01 percent.
Thursday April 06 2017
India Holds Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at a six-year low of 6.25 percent on April 6th, as widely expected, and raised its reverse repo rate by 25bps to 6 percent, saying there are upside risks to the inflation outlook amid an uncertain global economic environment. Annual inflation rose to 3.65 percent in February 2017 from a record low of 3.17 percent in the previous month. For 2017-18, policymakers expect inflation to average 4.5 percent in the first half of the year and 5 percent in the second half.
Tuesday March 14 2017
India Consumer Inflation Rises More Than Expected  
Consumer prices in India increased 3.65 percent year-on-year in February of 2017, following a record low rise of 3.17 percent in January and higher than market expectations of 3.58 percent. Food inflation accelerated to 2.01 percent from 0.53 percent.
Tuesday March 14 2017
India WPI Rises The Most In Over 3 Years  
Indian wholesale prices rose 6.55 percent year-on-year in February of 2017, following a 5.25 percent gain in January while markets expected a 5.90 percent rise. It was the eleventh straight month of increase and the highest since November 2013, driven by a surge in prices of food while cost of manufactured products and petrol rose further.
Thursday March 02 2017
India GDP Growth Beats Expectations in Q4  
The Indian economy advanced 7 percent year-on-year in the last three months of 2016, slowing from an upwardly revised 7.4 percent rise in the previous quarter but beating expectations of a 6.4 percent growth. The expansion was mainly driven by a surge public spending and agriculture. The GDP is expected to grow 7.1 percent in the fiscal year ending in March 2017.
Tuesday February 14 2017
India WPI Rises The Most In 30 Months In January  
Indian wholesale prices rose 5.25 percent year-on-year in January of 2017, following a 3.39 percent gain in December while markets expected a 3.89 percent rise. It was the tenth straight month of increase and the highest since July 2014, driven by a faster increase in cost of manufactured product and a surge in cost of petrol while prices of food fell less than in the prior month.
Monday February 13 2017
India Consumer Inflation Down To Record Low Of 3.17%  
Consumer prices in India increased 3.17 percent year-on-year in January of 2017, easing from a 3.41 percent rise in December and below market expectations of 3.22 percent. It is the lowest inflation rate since the series began in 2012 due to a sharp slowdown in food prices.
Wednesday February 08 2017
India Keeps Key Rate At 6.25%  
The Reserve Bank of India left its key repo rate unchanged at 6.25 percent for the second time at its February 2017 meeting, compared to expectations of a 25bps cut. Policymakers decided to change the stance from accommodative to neutral while assessing the effects of demonetisation on inflation and growth. The reverse repo rate was also kept at 5.75 percent and the marginal standing facility and the bank rate at 6.75 percent.
Monday January 16 2017
India WPI Rises at Faster Pace in December  
Indian wholesale prices rose 3.39 percent year-on-year in December of 2016, following a 3.15 percent gain in November while markets expected a 3.50 percent rise. It was the ninth straight month of increase, mainly due to rising cost of manufactured products and petrol while prices of food fell for the first time since August 2015.
Thursday January 12 2017
India Inflation Rate Lowest Since November 2014  
Consumer prices in India increased 3.41 percent year-on-year in December of 2016, following a 3.63 percent rise in November and below market expectations of 3.57 percent. It is the lowest inflation rate since November of 2014 as food prices cooled. The slowdown in inflation intensified in the last two months of 2016 after a demonetization campaign slumped currency in circulation, hurting consumption.
Wednesday December 14 2016
India WPI Rises the Least in 5 Months  
Indian wholesale prices rose 3.15 percent year-on-year in November of 2016, following a 3.39 percent gain in October while markets expected a 3.10 percent rise. It was the eighth straight month of increase but the lowest figure since June, as a sharp slowdown in prices of food offset a faster increase in cost of manufactured products and petrol.
Tuesday December 13 2016
India Inflation Rate At 2-Year Low Of 3.6% In November  
Consumer prices in India increased 3.63 percent year-on-year in November of 2016, following 4.2 percent rise in October and well below market expectations of 3.9 percent. It was the lowest inflation rate since November 2014, as food inflation eased for the fourth straight month to 2.56 percent.
Wednesday December 07 2016
India Keeps Monetary Policy Unchanged at 6.25%  
The Reserve Bank of India unexpectedly left its benchmark repo rate unchanged at a six-year low of 6.25 percent during the meeting held on December 7th despite wide expectations of a rate cut, following a severe cash crisis.
Wednesday November 30 2016
Indian Economy Expands 7.3% YoY In Q3  
India's gross domestic product advanced 7.3 percent year-on-year in the third quarter of 2016, following 7.1 percent expansion in the previous period and missing market expectations of 7.5 percent growth. Private consumption expanded at a faster pace while government spending slowed down and fixed investment dropped further.
Tuesday November 15 2016
India Inflation Rate Falls to 14-Month Low of 4.2%  
Consumer prices in India increased 4.2 percent year-on-year in October of 2016, easing from an upwardly revised 4.39 percent rise in September, reaching a new low since August last year. Figures came in line with market expectations as food inflation eased for the third straight month to 3.32 percent.
Tuesday November 15 2016
India WPI Rises the Least in 4 Months  
Indian wholesale prices rose 3.39 percent year-on-year in October of 2016, following a 3.57 percent gain in September while markets expected a 3.75 percent rise. It was the seventh straight month of increase but the lowest figure since June, as a slowdown in prices of food offset a faster rise in cost of manufactured products and petrol.
Friday October 14 2016
India WPI Rises Less than Estimated in September  
Indian wholesale prices rose 3.57 percent year-on-year in September of 2016, following a 3.74 percent gain in August. It was the sixth straight month of increase and the lowest figure since June while markets expected a 3.90 percent rise. A slowdown in prices of food offset an increase in cost of manufactured products and petrol.
Thursday October 13 2016
India Annual Inflation Rate Slows to 13-Month Low  
India's consumer prices increased by 4.31 percent year-on-year in September 2016, easing from a 5.05 percent growth in the previous month and missing market expectations of a 4.8 percent gain. It was the lowest inflation rate since August last year, as food cost rose at a slower pace.
Tuesday October 04 2016
India Cuts Repo Rate to a 6-Year Low of 6.25%  
The Reserve Bank of India lowered its repurchase rate by a surprise 25bps to 6.25 percent on October 4th, 2016, saying the stance of monetary policy remains accommodative and the decision will help to bring inflation rate back to central bank's 4 percent target in the medium-term while supporting growth. India’s consumer prices index rose 5 percent year-on-year in August, easing from its 6 percent increase in July. The repo policy rate is now at its lowest since November 2010.
Wednesday September 14 2016
India WPI Rises Less Than Expected in August  
India wholesale prices rose 3.74 percent year-on-year in August of 2016, following a 3.55 percent gain in July while markets expected a 4.01 percent rise. It was the fifth straight month of increase and the highest figure since August 2014. While cost of manufactured products rose at a faster pace, prices of food slowed and cost of petrol fell less than in the preceding month.
Monday September 12 2016
India Inflation Rate Slows More than Expected  
Consumer prices in India increased 5.05 percent year-on-year in August of 2016, easing from a 6.07 percent rise in July and below market expectations of 5.5 percent. It is the lowest inflation rate in five months due to smaller rises in food prices.
Wednesday August 31 2016
India GDP Growth Slows to 7.1% YoY in Q2  
India's gross domestic product advanced 7.1 percent year-on-year in the second quarter of 2016, slowing from a 7.9 percent expansion in the previous period and missing market expectations of 7.6 percent growth. It was the lowest reading since the fourth quarter of 2014, as private consumption expanded at a slower pace while fixed investment dropped further.
Tuesday August 16 2016
India WPI Rises the Most in Nearly 2 Years  
India wholesale prices rose 3.55 percent year-on-year in July of 2016, following a 1.62 percent gain in June while markets expected a 2.55 percent rise. It was the 4th straight month of increase and the highest figure since August 2014, mainly due to a faster rise in prices of food and manufactured products.
Friday August 12 2016
India Consumer Inflation Highest Since August 2014  
Consumer prices in India went up 6.07 percent year-on-year in July of 2016, accelerating for the fourth straight month and beating market expectations of 5.9 percent. It was the highest figure since August of 2014, as food cost rose further.
Tuesday August 09 2016
India Keeps Policy Rate Unchanged at 6.5% in August  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on August 9th, as widely expected. While awaiting space for policy action, policymakers said the stance of monetary policy will remain accommodative and continue to emphasize the adequate provision of liquidity.
Thursday July 14 2016
India WPI Rises More Than Expected in June  
Indian wholesale prices rose 1.62 percent year-on-year in June of 2016, following a 0.79 percent gain in May and higher than market consensus of a 1.19 percent increase. It was the 3rd straight month of gain as prices of food and manufactured products went up at a faster pace while cost of petrol fell less than in the preceding month.
Tuesday July 12 2016
India Consumer Inflation Rises Further to 22-Month High in June  
Consumer prices in India went up 5.77 percent year-on-year in June of 2016, accelerating for the third straight month and reaching the highest since August of 2014. Figures came above market expectations of 5.73 percent, driven by food cost.
Tuesday June 14 2016
India WPI Rises for 2nd Month in May  
Indian wholesale prices rose 0.79 percent year-on-year in May of 2016, following a 0.34 percent gain in April and higher than market consensus of a 0.42 percent increase. It was the 2nd straight month of rise as prices of food and manufactured products went up at a faster pace while cost of petrol dropped further.
Monday June 13 2016
India Consumer Inflation at 21-Month High  
Consumer prices in India increased 5.76 percent year-on-year in May of 2016, higher than an upwardly revised 5.47 percent rise in the previous month and compared to market expectations of 5.5 percent. It is the highest figure since August of 2014 as food inflation increased to 7.55%, the most in 21 months.
Tuesday June 07 2016
India Holds Policy Rate Unchanged at 6.5%  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on June 7th, as expected. While awaiting further data to assess the impact of seasonal rainfall and some external risks, policymakers said they would remain accommodative.
Tuesday May 31 2016
India GDP Growth at 1-1/2-Year High of 7.9%  
The Indian economy expanded 7.9 percent year-on-year in the first three months of 2016, higher than a downwardly revised 7.2 percent growth in the previous quarter and much better than market expectations of a 7.5 percent increase. It is the best performance in six quarters, boosted by private spending while investment and exports declined. Considering full 2015/2016 year (April to March), the GDP in India advanced 7.6 percent, higher than 7.2 percent in the previous year.
Monday May 16 2016
India WPI Rises for 1st Time in 18 Months  
Indian wholesale prices unexpectedly rose 0.34 percent year-on-year in April of 2016, following a 0.85 percent drop in March and market consensus of a 0.2 percent fall. It is the first increase since November 2014 as prices rose for food and cost of manufactured products while cost of petrol declined at a slower pace.
Thursday May 12 2016
India Inflation Rate Accelerates More than Expected  
Consumer prices in India went up 5.39 percent year-on-year in April of 2016, accelerating from a 4.83 percent rise in the previous month and higher than market expectations of 5 percent. Food inflation also reached a three-month high.
Monday April 18 2016
India WPI Drops for 17th Straight Month  
Indian wholesale prices fell by 0.85 percent year-on-year in March of 2016, as compared to a 0.91 percent drop in February and missing market consensus of a 0.77 percent fall. Prices of food rose at a faster pace while cost of petrol declined further and cost of manufactured dropped at a slower pace.
Tuesday April 12 2016
India Inflation Rate Slows to 6-Month Low  
Consumer prices in India went up 4.83 percent year-on-year in March of 2016, slowing from an upwardly revised 5.26 percent rise in February. The inflation rate eased for the second straight month, reaching the lowest figure since September last year and compared to market expectations of 5 percent as food prices rose at a slower pace.
Tuesday April 05 2016
India Cuts Repo Rate to Lowest in Over 5 Years  
The Reserve Bank of India cut its benchmark repo rate by 25 bps to 6.5 percent during the meeting held on April 5th, 2016, as widely expected. It is the first reduction since September 2015 and the lowest rate since January 2011.
Monday March 14 2016
India Consumer Inflation Slows in February  
Consumer prices in India increased 5.18 percent year-on-year in February of 2016, lower than 5.69 percent in January and below market expectations of 5.6 percent. Consumer inflation eased for the first time in seven months, reaching the lowest since October due a slowdown in food cost.
Monday March 14 2016
India WPI Drops for 16th Straight Month  
Indian wholesale prices fell by 0.91 percent year-on-year in February of 2016, as compared to a 0.90 percent drop in January and missing market consensus of a 0.27 percent fall. Prices of food eased further while cost of petrol and manufactured declined at a slower pace.
Monday February 15 2016
India WPI Falls for 15th Straight Month  
Indian wholesale prices fell by 0.90 percent year-on-year in January of 2016, as compared to a 0.73 percent drop in December and above market consensus. Prices of food eased while cost of petrol and manufactured declined at a slower pace.
Friday February 12 2016
India Consumer Inflation Rises to 17-Month High  
Consumer prices in India went up 5.69 percent year-on-year in January of 2016, higher than 5.61 percent in December of 2015 and accelerating for the sixth straight month. It is the highest figure since August of 2014 and above market expectations of 5.4 percent. Food inflation increased to 6.85 percent from 6.4 percent in December, also the highest in seventeen months.
Monday February 08 2016
India GDP Advances 7.3% in Q4  
The Indian economy expanded 7.3 percent year-on-year in the last three months of 2015, slowing from an upwardly revised 7.7 percent growth in the previous quarter but in line with market expectations. The manufacturing sector surged 12.6 percent while farm output shrank 1 percent.
Tuesday February 02 2016
RBI Leaves Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent during the meeting held on February 2nd, as expected. While awaiting further data on inflation, policymakers said they would stay accommodative but look forward to the government's budget statement at the end of February.
Thursday January 14 2016
India WPI Drops for 14th Straight Month in December  
Indian wholesale prices fell by 0.73 percent year-on-year in December of 2015, as compared to a 1.99 percent drop in November and above market consensus. Prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Tuesday January 12 2016
India Consumer Inflation Rate at 15-Month High  
Consumer prices in India rose 5.61 percent year-on-year in December of 2015, accelerating for the fifth straight month and reaching the highest since September of 2014, in line with market expectations. Food inflation was 6.4 percent, up from 6.07 percent in November.
Monday December 14 2015
India Consumer Inflation Quickens to 13-Month High  
Consumer prices in India grew 5.41 percent year-on-year in November of 2015, higher than a 5 percent rise in October and in line with market expectations. It is the highest inflation rate since October of 2014 boosted by a surge in food cost.
Monday December 14 2015
India WPI Drops for 13th Straight Month in November  
Indian wholesale prices fell by 1.99 percent year-on-year in November of 2015, slowing from a 3.81 percent drop in October, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace. 
Tuesday December 01 2015
RBI Keeps Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent, as expected. Policymakers said they will monitor commodity prices, especially food and oil, while tracking inflationary expectations and external developments.
Monday November 30 2015
India GDP Growth Beats Expectations  
The Indian economy expanded 7.4 percent year-on-year in the three months to September of 2015, following an upwardly revised 7.1 percent expansion in the second quarter. Figures came better than market expectations of a 7.3 percent increase, boosted by financial, real estate and insurance activities and manufacturing.
Monday November 16 2015
India WPI Falls for 12th Straight Month in October  
Indian wholesale prices declined by 3.81 percent year-on-year in October of 2015, slowing from a 4.54 percent drop in September, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Thursday November 12 2015
India Consumer Inflation Quickens to 5%  
Consumer prices in India grew 5 percent year-on year in October of 2015, compared to 4.41 percent in September. It is the highest inflation rate in in four months boosted by higher than expected rise in cost of food.
Wednesday October 14 2015
India WPI Deflation Eases in September  
Indian wholesale prices fell 4.54 percent year-on-year in September of 2015, slowing from a 4.95 percent drop in the previous month as a rise in prices of food offset a further decline in cost of petrol. The wholesale inflation has been in negative territory since November of 2014.
Monday October 12 2015
India Consumer Inflation Above Forecasts  
Consumer prices in India increased 4.41% yoy in September, following an upwardly revised 3.74% rise in August. It is the highest inflation rate in three months driven by food prices.
Tuesday September 29 2015
India Cuts Repo Rate by 50 Bps to 6.75%  
The Reserve Bank of India cut its benchmark repo rate by a higher-than-expected 50 bps to 6.75 percent on September 29th, 2015. It is the fourth reduction this year, bringing the rate to the lowest since April of 2011, as policymakers tried to bolster the economy.
Monday September 14 2015
India Inflation Rate Falls to Fresh Record Low  
Consumer prices in India increased 3.66 percent year-on-year in August of 2015, slowing slightly from a revised 3.69 percent rise in July and in line with market expectations. The inflation rate fell to a fresh record low in August, staying below the central bank’s 6 percent target for the 11th month in a row.
Monday September 14 2015
India WPI Deflation Deepens in August  
Indian wholesale prices fell 4.95 percent year-on-year in August of 2015, following a 4.05 percent drop in the previous month as cost of manufactured products and diesel declined more than in July. The wholesale inflation has been in negative territory since November of 2014.
Monday August 31 2015
India GDP Growth Disappoints  
The Indian economy expanded 7 percent year-on-year in the second quarter of 2015, slowing from a 7.5 percent growth in the previous period and below market expectations of 7.4 percent. While services and manufacturing grew at a slower pace; mining and construction accelerated and agriculture reported expansion.
Friday August 14 2015
India WPI Deflation Worsens in July  
Indian wholesale prices fell 4.05 percent year-on-year in July of 2015, following a 2.40 percent drop in the previous month and missing market forecasts, as cost of petrol declined further while prices of food dropped. The wholesale inflation has been in negative territory since November of 2014.
Wednesday August 12 2015
Inflation Rate in India At Record Low in July  
Consumer prices in India increased 3.8 percent year-on-year in July of 2015, down from 5.4 percent reported in May. It is the lowest figure on record as food cost rose at a slower pace.
Tuesday August 04 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.25 percent, as expected. Policymakers said they await greater transmission of its monetary easing cycle embarking since January this year and leave possibilities for a more accommodative policies, depending on inflation outlook and possible action from the Federal Reserve.
Tuesday July 14 2015
India WPI Deflation at 2.40% in June  
Indian wholesale prices fell 2.40 percent year-on-year in June of 2015, following a 2.36 percent drop in the previous month, as the decline in cost of petrol eased while prices of food slowed further. The wholesale inflation has been in negative territory since November of 2014.
Monday July 13 2015
India's Inflation Rate at 8-Month High  
Consumer prices in India increased 5.4 percent year-on-year in June of 2015, compared to 5.01 percent in May. It is the highest figure since October last year due to stronger rise in food prices.
Monday June 15 2015
India WPI Deflation Eases in May  
Indian wholesale prices fell 2.36 percent year-on-year in May of 2015, following a 2.65 percent drop in the previous month, as a decline in petrol prices eased while food cost slowed. The index has been in the negative territory since November 2014.
Friday June 12 2015
India Consumer Inflation Rises to 5.01% in May  
Consumer prices in India increased 5.01 percent year-on-year in May of 2015, compared to 4.87 percent in April. The figure matched market expectations as cost of transport rose and prices of fuel and light advanced at a faster pace.
Tuesday June 02 2015
India Cuts Repo Rate for a Third Time This Year  
The Reserve Bank of India cut its benchmark policy rate by 25 bps to 7.25 percent as expected during the June 2nd meeting saying that the move is a more appropriate given low capacity utilization, mixed indicators of recovery, and subdued investment and credit growth.
Friday May 29 2015
India Economic Growth Accelerates in Q1  
India's GDP advanced 7.5 percent year-on-year in the first quarter of 2015, up from a downwardly revised growth of 6.6 percent in the previous period supported by a strong expansion in manufacturing and services sectors.
Thursday May 14 2015
India WPI Deflation Worsens in April  
Indian wholesale prices fell 2.65 percent year-on-year in April of 2015, following a 2.33 percent drop in the previous month, as petrol prices declined further while food cost slowed. The index has been in the negative territory since November 2014.
Tuesday May 12 2015
India Consumer Inflation Falls to 5-Month Low  
CPI inflation in India slowed for the second consecutive month to 4.87 percent in April of 2015 from an upwardly revised 5.25 percent in March, dragged down by lower food prices.
Wednesday April 15 2015
India WPI Deflation Deepens in March  
Indian wholesale prices fell 2.33 percent year-on-year in March of 2015, following a 2.06 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Monday April 13 2015
India Consumer Inflation Slows Slightly  
India annual CPI inflation decreased to 5.17 percent in March of 2015 from 5.37 percent in February, below market expectations. It is the lowest rate in three months due to a slowdown in food cost.
Tuesday April 07 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate on hold at 7.5 percent in April, following a surprise rate cut last month. Policymakers said will allow the disinflationary momentum to spread through the economy while waiting for commercial banks to cut lending rates.
Monday March 16 2015
India WPI Deflation Deepest Since 1976  
Indian wholesale prices fell 2.06 percent year-on-year in February of 2015, following a 0.39 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Thursday March 12 2015
India Consumer Inflation At 4-Month High  
India CPI inflation increased to 5.37 percent in February of 2015 from a revised 5.19 percent in the previous month driven by higher food prices.
Wednesday March 04 2015
RBI Cuts Repo Rate to 7.5%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.5 percent in a surprise meeting on March 4th. It is the second rate cut this year, citing slowing inflation, weak growth and important government reforms.
Monday February 16 2015
India WPI Inflation Turns Negative  
Indian wholesale prices dropped 0.39 percent year-on-year in January of 2015, following a 0.11 percent increase in the previous month, as petrol prices declined. It is the first negative figure since June of 2009.
Thursday February 12 2015
India Consumer Inflation Rises on New Base Year  
India CPI inflation rose for the second consecutive month to 5.11 percent in January from 5 percent in the previous month, after the country changed the base year for calculating consumer prices.
Monday February 09 2015
India's GDP Grow Faster Than China's in Q4  
India's economy advanced 7.5 percent year-on-year in the last quarter of 2014, following a revised 8.2 percent rise in the previous period as the way the GDP is calculated changed.
Tuesday February 03 2015
India Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.75 percent, as policymakers waited for more evidence of last month's rate cut and indicated that the key to further easing are continuing disinflationary pressures and sustained fiscal consolidation.
Thursday January 15 2015
India Cuts Policy Rate to 7.75%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.75 percent in a surprise meeting on January 15th, aiming to boost growth amid slowing inflation. Policymakers also signaled further monetary easing, depending on continuing disinflationary pressures, fiscal consolidation and supply constraints.
Friday January 16 2015
India Wholesale Inflation at 0.11% in December  
Indian wholesale prices increased by 0.11 percent in December of 2014 after being flat in the previous month driven by a surge in food cost.
Monday January 12 2015
India Consumer Inflation Climbs to 5%  
Indian CPI inflation increased for the first time in five months to 5 percent in December of 2014 from a record-low of 4.38 percent the previous month and driven by higher food prices.
Monday December 15 2014
India's Wholesale Prices Unchanged in November  
Indian wholesale price inflation was recorded at 0 percent in November, down from 1.77 percent in October. It is the lowest rate in nearly 5-1/2 years, mainly due to a fall in fuel prices and lower food cost.
Friday December 12 2014
India Consumer Inflation at 4.38%  
Indian consumer inflation slowed for the fourth straight month to a fresh record-low of 4.38 percent in November as food prices kept its downward trend.
Tuesday December 02 2014
India Leaves Monetary Policy Unchanged  
The Reserve Bank of India left the benchmark repo rate on hold at 8 percent on December 2nd, saying a change in monetary policy in current conditions is premature. However, policymakers added that adjustments may occur next year if inflation continues to ease and fiscal developments are encouraging.
Friday November 28 2014
India Economic Growth Weakens in Q3  
India's GDP advanced faster than expected 5.3 percent in the third quarter of 2014, yet below 5.7 percent reported from April to June. The expansion was dragged down by weaker manufacturing while services growth remained strong.
Friday November 14 2014
India WPI Down Further in October  
Indian annual wholesale price inflation was recorded at 1.77 percent in October, slowing further from a 2.38 percent increase in September. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Friday November 14 2014
India Consumer Inflation Beats Expectations  
Indian consumer inflation eased to a new record-low of 5.52 percent in October of 2014 as food prices slowed sharply.
Tuesday October 14 2014
India WPI Inflation Falls to New Five-Year Low in September  
Indian annual wholesale price inflation was recorded at 2.38 percent in September of 2014, slowing from a 3.74 percent increase in August. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Monday October 13 2014
India Consumer Inflation Down to Record Low  
Indian consumer inflation slowed for the second consecutive month to 6.46 percent in September of 2014, from a revised 7.73 percent in August. It is the lowest rate on record mainly driven by lower food prices.
Tuesday September 30 2014
India Keeps Policy Rate at 8%  
At its September 30th meeting, the Reserve Bank of India left the repo rate on hold at 8 percent, waiting for more evidence that inflation rate is slowing.
Monday September 15 2014
India WPI Inflation Down to 5-Year Low  
Indian wholesale price index rose 3.74 percent year-on-year in August of 2014, slowing from a 5.19 percent increase in July. It is the lowest rate since October of 2009 mainly due to a fall in prices of vegetables and oil.
Friday September 12 2014
India Consumer Inflation Edges Down in August  
Indian consumer prices rose by an annual 7.8 percent in August of 2014, slowing slightly from 7.96 percent in July. Provisional estimates showed the annual food inflation accelerated to 9.42 percent.
Friday August 29 2014
India Economy Expands 5.7% in Q2  
India's GDP advanced faster than expected 5.7 percent in the second quarter of 2014, up from 4.6 percent expansion reported in the first three month of the year. It is the highest growth rate reported since the fourth quarter of 2011.
Thursday August 14 2014
India's WPI Inflation At Five-Month Low in July  
India's wholesale price inflation in July eased to a five-month low of 5.19 percent, as cost of fuel moderated.
Tuesday August 12 2014
India Inflation Rate Surges in July  
Indian annual inflation rate accelerated to 7.96 percent in July of 2014 from 7.31 percent in the previous month driven by higher food prices.
Tuesday August 05 2014
Reserve Bank of India Leaves Rate on Hold  
At its August 5th meeting, the Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank by 50 bps to 22 percent, aiming to increase bank credit.
Monday July 14 2014
India Consumer Inflation Down to Record Low  
Indian consumer prices rose by an annual 7.31 percent in June of 2014, the lowest rate on record. The inflation rate slowed for the second straight month, due to lower food prices.
Monday July 14 2014
India Wholesale Inflation Slows in June  
Indian wholesale annual inflation rate slowed to 5.43 percent in June of 2014 from 6.01 percent in the previous month. It is the lowest rate in four months, as prices of onion and vegetables fell further and fuel cost rose at the slowest pace this year.
Monday June 16 2014
India WPI Inflation Up to 5-Month High  
Indian wholesale annual inflation rate accelerated to 6.01 percent in May of 2014 from 5.2 percent in the previous month, driven by higher fuel and food cost.
Thursday June 12 2014
India Consumer Inflation Declines in May  
Indian annual consumer prices decelerated to 8.28 percent in May of 2014 from 8.59 percent in April. It is the lowest rate in three months as food prices slowed slightly.
Tuesday June 03 2014
India Holds Policy Rate at 8%  
At its June 3rd, 2014 meeting, Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank - the statutory liquidity ratio - by 50 bps to 22.5 percent, aiming to increase bank credit.
Friday May 30 2014
Indian Economic Growth Decelerates in Q1  
In the first quarter of 2014, India's GDP growth slowed to 4.6 percent yoy from a 4.7 percent expansion registered in the previous period. The output was mainly hurt by a contraction in the manufacturing sector.
Thursday May 15 2014
India WPI Inflation Slows in April  
Indian wholesale inflation rate decelerated to a two-month low of 5.2 percent in April of 2014 from 5.7 percent in the previous month, as prices of food and fuel slowed.
Monday May 12 2014
India Consumer Inflation Up to 3-Month High  
Indian annual consumer prices accelerated for the second straight month to 8.59 percent in April of 2014, from 8.31 percent in March, driven by higher cost of fruits and vegetables.
Tuesday April 15 2014
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Tuesday April 15 2014
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
Tuesday April 01 2014
India Leaves Rates on Hold  
In its April 1st, 2014 meeting, Reserve Bank of India decided to leave the policy repo rate unchanged at 8 percent and decided to officially start using consumer price inflation to determine its monetary policy.
Friday March 14 2014
India Wholesale Inflation Slows for 3rd Straight Month  
In February of 2014, Indian annual wholesale price index decelerated to 4.68 percent, reaching the lowest rate in nine months, as food and fuel prices moderated. A year ago, the inflation was recorded at 7.28 percent.
Wednesday March 12 2014
India Consumer Inflation Edges Down in February  
Indian annual inflation rate slowed to a 25-month low of 8.1 percent in February of 2014. Provisional figures showed prices of vegetables eased the most on the year.
Friday February 28 2014
Indian GDP Grows Below Expectations  
In the fourth quarter of 2013, Indian economic growth slowed to 4.7 percent over a year earlier, down from a 4.8 percent expansion in the previous period, hurt by a contraction in manufacturing and mining output.
Friday February 14 2014
India Wholesale Inflation Slows to 8-Month Low  
In January of 2014, Indian annual WPI eased for the second straight month to 5.05 percent, the lowest rate since May of 2013, as food prices slowed and mineral cost fell.
Wednesday February 12 2014
India Consumer Inflation Slows to 24-Month Low  
In January of 2014, Indian consumer price inflation decelerated to 8.79 percent, the lowest annual rate since January of 2012, due to lower food prices.
Tuesday January 28 2014
Reserve Bank of India Raises Rates  
In its January 2014 meeting, Reserve Bank of India decided to raise the policy repo rate by 25 bps to 8 percent to handle currency pressure and curb persistently high inflation.
Wednesday January 15 2014
Indian WPI Slows to 5-Month Low in December  
In December of 2013, Indian headline inflation rate slowed to 6.16 percent, the lowest rate in five months as vegetable prices, mainly onions, slowed due to a new harvest. On a monthly basis, prices fell 1.27 percent.
Wednesday December 18 2013
Reserve Bank of India Leaves Policy Rates on Hold  
In its December meeting, the Reserve Bank of India kept its rates on hold following two successive 25 basis points hikes. The Bank decided to wait for further data despite high levels of inflation.
Monday December 16 2013
Indian WPI Inflation Rises to 14-Month High in November  
In November, India's headline inflation rate edged up to 7.5 percent, from 7.0 percent a month earlier. Prices rose at its faster pace since September of 2012 mainly due to higher food articles and energy costs.
Friday November 29 2013
Indian GDP Growth Beats Expectations  
In the third quarter of 2013, Indian economy advanced 4.8 percent over a year earlier, up from 4.4 percent in the previous three-month period, led by a surge in agriculture production and construction. Although third quarter figures came above market expectations, the economy grew below 5 percent for the fourth straight quarter.
Thursday November 14 2013
Indian Wholesale Inflation Accelerates to 7% in October  
In October of 2013, India’s annual headline inflation rose for the fifth straight month to an eight-month high of 7 percent, mainly due to higher prices of fuel and manufactured goods.
Tuesday October 29 2013
India Raises Policy Repo Rate to 7.75%  
The Reserve Bank of India has raised its policy repo rate for the second consecutive month by 25 basis points to fight high inflation and rolled back an emergency measure put in place in July to support the rupee.
Monday October 14 2013
Indian Inflation Speeds Up to 7-Month High in September  
In September, India's headline inflation rate based on monthly WPI rose to 6.5 percent from 6.1 percent in August, hitting its highest level since February of 2013. The speed up is broadly due to higher prices for food.
Friday September 20 2013
Reserve Bank of India Raises the Repo Rate to 7.5%  
The Reserve Bank of India decided on September 20th to raise the repo rate by 25 bps to 7.5 percent, in an attempt to refrain inflationary pressures. At the same time, it reduced the marginal standing facility rate by 75 bps to 9.5 percent to preserve the value of the rupee, while scaled back the minimum daily cash reserve ratio banks must keep with the central bank.
Monday September 16 2013
Indian Inflation Rate Rises to 6.1% in August  
In August, India's headline inflation rate, based on monthly WPI, rose to 6.10 percent from 5.79 percent in July and is the highest in six months. The speed up is mainly due to higher prices for food and energy.
Friday August 30 2013
India’s Economy Expands 4.4% in Q2  
India's Gross Domestic Product grew at 4.4 percent in the second quarter of 2013, the worst quarterly rate since 2002, hurt by a decline in mining and manufacturing.
Wednesday August 14 2013
Indian Inflation Rises to 5-Month High in July  
In July, India's headline inflation rate, based on monthly WPI, rose to 5.79 percent from 4.86 percent in June, mainly driven by higher food prices and more expensive imports due to a falling rupee.
Tuesday July 30 2013
Reserve Bank of India Leaves Rates on Hold  
Reserve Bank of India decided on July 30th to leave the repo rate unchanged at 7.25 percent, to support the rupee and citing increasing risks to growth outlook.
Monday July 15 2013
India's Annual Inflation Rate Up to 4.86% in June  
India's annual rate of inflation, based on monthly WPI, quickened to 4.86 percent in June as compared to 4.70 percent in May due to higher cost of food.
Monday June 17 2013
India's Reserve Bank Keeps Rates Unchanged Amid Inflationary Risks  
The RBI decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.25 per cent and to keep the cash reserve ratio of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities. The Central Bank warned of upward risks to inflation posed by a falling rupee and increases in food prices.
Friday June 14 2013
India's Inflation Slows to 4.7% in May  
India's annual rate of inflation, based on the Wholesale Price Index, stood at 4.70 percent (provisional) for the month of May as compared to 4.9 percent in the previous month, the lowest level in more than three years.
Monday August 12 2013
India's Economy is Bound for Slower Growth in 2013  
In recent months, Indian government has introduced pro-business economic reforms and outlined plans to increase spending on capital investment and large-scale social programs. Yet, it looks like is too little and too late. In the first three months of 2013, the GDP growth slowed to 4.8 percent and it is likely to go down further due to weak consumption, capital investment and declining government spending.
Friday May 31 2013
India's Economy Makes Timid Recovery in Q1  
India's quarterly Gross Domestic Product grew at 4.8 percent in the first quarter of 2013, only slightly better than an upwardly revised 4.7 percent growth in the previous three months. While Services were the largest contributor to growth, Manufacturing rose only 2.6 percent, Electricity, gas and water supply increased 2.8 percent, Agriculture, forestry and fishing were up 1.4 per cent and Mining and quarrying declined 3.1 percent.
Tuesday May 14 2013
India Inflation Rate Down to 4.9% in April  
The annual rate of inflation, based on monthly WPI, stood at 4.89 percent for the month of April 2013 (over April 2012) as compared to 5.96 percent for the previous month and 7.50 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.53 percent compared to a build up rate of 1.55 percent in the corresponding period of the previous year.
Monday May 13 2013
India Trade Deficit Widens in April  
India’s trade deficit rose in April from the same month a year earlier as imports of gold and silver increased more than twice, underlying an improvement in exports.
Friday May 03 2013
Reserve Bank of India Cuts Interest Rate by 25bps to 7.25%  
Based on an assessment of the current and prospective macroeconomic situation, the RBI has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 percent.
Thursday April 18 2013
India Trade Deficit Narrows in March  
India's exports rose 15 percent in February 2013 from a year earlier to INR 1678 billion, while imports rose 5 percent to INR 2239 billion leaving a trade deficit of INR 561 billion, according to trade ministry data.
Monday April 15 2013
India Inflation Rate Down to 5.96% in March  
The annual rate of inflation, based on monthly WPI, stood at 5.96 percent for the month of March, 2013 (over March, 2012) as compared to 6.84 percent for the previous month and 7.69 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.96 percent compared to a build-up rate of 7.69 percent in the corresponding period of the previous year.
Tuesday March 19 2013
Reserve Bank of India Cuts Interest Rate by 25 Basis Points  
Based on an assessment of the current macroeconomic situation, the Reserve Bank of India decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 percent to 7.5 percent with immediate effect. Consequently, the reverse repo rate under the LAF stands adjusted to 6.5 percent and the marginal standing facility rate and the Bank Rate to 8.5 percent with immediate effect.
Thursday March 14 2013
India Inflation Rate Up tp 6.84% in February  
The annual rate of inflation, based on monthly WPI, stood at 6.84% (Provisional) for the month of February, 2013 (over February, 2012) as compared to 6.62% (Provisional) for the previous month and 7.56% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.71% compared to a build up of 6.56% in the corresponding period of the previous year.
Monday March 11 2013
India Trade Deficit Narrows in February  
India's exports rose 4.25 per cent in February 2013 from a year earlier to INR 1412 Billion, while imports rose 2.6 per cent to INR 2214 billion, leaving a trade deficit of INR 802 billion, according to trade ministry data.
Friday May 31 2013
India’s GDP Growth Slows More Than Expected  
Recent updates for India are showing further deterioration of its economy. In the first three months of 2013, the GDP growth slowed to 4.8 percent; the ninth consecutive quarter of expansion below 8 percent.
Thursday February 28 2013
India's Economic Growth Eases More than Expected in Q4  
In the fourth quarter of 2012, India's economy grew only 4.5 percent due to the widespread weakness in farm, mining and manufacturing output.
Thursday February 28 2013
India's GDP Growth Slows to 4.5% in Q4  
India's quarterly GDP at factor cost at constant (2004-05) prices for Q3 of 2012-13 is estimated at Rs. 14,11,594 crore, as against Rs. 13,51,252 crore in Q3 of 2011-12, showing a growth rate of 4.5 percent over the corresponding quarter of previous year.
Thursday February 14 2013
India Inflation Slows to 6.62 Percent in January of 2013  
The annual rate of inflation, based on monthly WPI, stood at 6.62% for the month of January of 2013 (over January of 2012) as compared to 7.18% for the previous month and 7.23% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.09% compared to a build up of 6.15% in the corresponding period of the previous year.
Wednesday February 13 2013
India's Trade Deficit Widens in January  
India recorded a trade deficit of Rs. 1086.12 billion in January of 2013, compared to a Rs. 965.73 billion deficit in the previous month.
Tuesday January 29 2013
India's Central Bank Cuts Interest Rates By 25 Basis Points  
The Reserve Bank of India decided to cut its reference interest rate from 8 percent to 7.75 percent.
Friday January 18 2013
India's Trade Deficit Narrows in December  
India's trade deficit stood at Rs. 965.73 billion in December.
Monday January 14 2013
India Inflation Rate at 7.18 Percent in December  
The annual rate of inflation, based on monthly WPI, stood at 7.18 percent for the month of December of 2012 over December of 2011 as compared to 7.24 percent for the previous month and 7.74 percent during the corresponding month of the previous year.
Tuesday December 18 2012
India Keeps Interest Rate Unchanged  
On the basis of the current macroeconomic assessment, the Reserve Bank of India has been decided to keep the cash reserve ratio unchanged at 4.25 per cent and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.
Friday December 14 2012
India Inflation Down to 7.24 Percent in November  
The annual rate of inflation, based on monthly WPI, stood at 7.24 percent (Provisional) for the month of November, 2012 (over November, 2011) as compared to 7.45 percent (Provisional) for the previous month and 9.46 percent during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.84 percent compared to a build up of 5.28 percent in the corresponding period of the previous year.
Wednesday December 12 2012
India Annual Inflation Rate Down to 7.45 Percent in October  
The annual rate of inflation, based on monthly WPI, stood at 7.45 percent (Provisional) for the month of October, 2012 (over October, 2011) as compared to 7.81 percent (Provisional) for the previous month and 9.87 percent during the corresponding month of the previous year.
Tuesday December 11 2012
India's Trade Deficit Narrows in November  
India's trade deficit stood at Rs. 1056.48 billion in November as imports increase to Rs. 2277.96 billion while exports sink to 1221.48 billion.
Tuesday December 11 2012
India Keeps Interest Rate Unchanged  
The Reserve Bank of India has kept interest rates unchanged, but decreased reserve requirements, as the economic growth is falters under weakened global demand.
Tuesday December 11 2012
India's GDP Growth Slows to 5.3 Percent in Q3  
India’s economy has expanded by just 0.6 over the previous quarter and 5.3 percent over the previous year in the third quarter.
Wednesday November 30 2011
India's GDP Growth Slows to 6.9%  
The Indian economy expanded at its slowest pace in more than two years in the July-September quarter, hurt by high local borrowing costs and a deepening euro-zone crisis.
Tuesday August 30 2011
India's Economy Grows 7.7% in Q2  
India's economy grew 7.7% in the three months from April to June, compared with the same period of 2010.
Tuesday May 31 2011
India GDP Growth Slows to 7.8%  
India's economy rose 7.8 percent in the three months ended March 31 from a year earlier, after a revised 8.3 percent gain in the previous quarter, the Central Statistical Office said in a statement in New Delhi on May 31. That’s the slowest pace in five quarters.
Tuesday March 01 2011
India GDP Growth Slows to 8.2% in Q4  
India's economy grew 8.2% compared to the same period a year earlier between October and December, government data showed on March 1.
Thursday December 02 2010
India GDP Surges 8.9% in the Third Quarter  
India's domestically-powered economy grew more than expected in the September quarter, defying weakness elsewhere and putting pressure on the Reserve Bank of India (RBI) to tighten monetary policy although a rate increase next month still looks unlikely.
Sunday September 05 2010
India’s Second Quarter GDP Rises To 8.8%  
India's economy expanded 8.8% in the second quarter from a year earlier, compared to an 8.6% on-year expansion in the first, lifted by robust activity in manufacturing.
Wednesday June 02 2010
Is India's High Growth Sustainable?  
After almost 7% growth in 2008/09 fiscal year, in the first three months of 2010 India's economy expanded 8.6% boosted by industrial production and services. But, is the third largest economy in Asia able to keep its high rate of growth?
Monday May 31 2010
Indian Economic Growth Accelerates to 8.6%  
India’s economic growth accelerated in the first quarter, adding pressure on the central bank to raise interest rates even as Europe’s sovereign-debt crunch threatens the global recovery.
Thursday March 11 2010
Can India Reach 10% Growth Rate?  
After three years of growth over 9%, India's economy expended 6.7% in 2008/09 fiscal year, weathering surprisingly well global crisis and poor monsoon. This year projections start at 7.2%, some even believe that India can overtake China as the fastest growing nation in the world. But can the government of third largest economy in Asia be able to achieve this goal?
Thursday January 21 2010
India's Economy May Overheat in 2010  
In the third quarter of 2009, India's economy expanded 7.9%. And although it is expected that in the last three months of 2009, the third largest economy in Asia might have recorded growth over 8%, the beginning of 2010 may surprise us on the negative side. 
Monday November 30 2009
India’s Economy Expands 7.9%  
India’s economy expanded at the fastest pace in six quarters as manufacturing jumped, giving the central bank room to withdraw more stimulus measures.
Wednesday November 04 2009
Poor Monsoon Challenges India Pace of Growth  
This week, India’s finance minister announced the government would keep its fiscal stimulus as poor monsoon and uncertain global outlook threaten the country’s growth. This statement also made clear the second fastest growing economy in the world, may be struggling in keeping current 6% pace of expansion.
Friday September 04 2009
India’s GDP Growth May be Halted by a Drought  
In the second quarter of 2008 India economy expended 6.1%, after growing 5.8% in the first quarter. And although it is less than average recorded during last three years, India is still the second fastest growing economy in the world after China.
Friday June 05 2009
India May Emerge From the Slowdown This Year  
Although India’s economy grew a better-than-expected 5.8 per cent in the first quarter of 2009 is still beyond the government initial expectations. Indeed, with an ongoing global economic crisis squeezing bank’s liquidity and cooling the exports sector, India’s government can forget about reaching a two-digit growth rate in the near future.
Thursday April 23 2009
India is Fighting the Slowdown  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Sunday February 15 2009
India Is Under Threat From The Global Recession  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Friday January 02 2009
India Cuts Rates  
India cut interest rates for the fourth time since October and unveiled another stimulus package to counter the effect of the global recession on Asia's third- largest economy.
Monday December 08 2008
India Cuts Interest Rates  
India’s central bank cut interest rates for the third time in less than two months after last week’s terror attacks shook investor confidence in an economy already weakened by a global recession.
Monday December 01 2008
India Exports Fall in October  
India’s exports declined for the first time in seven years as recession in its biggest markets in the U.S. and Europe damped demand for the nation’s products.
Friday November 28 2008
India’s Economy Expands 7.6%  
India’s economy grew at the slowest pace since 2004 last quarter, increasing pressure on the central bank to cut interest rates.
Thursday November 13 2008
India's Inflation Rate Declines  
India's inflation rate fell the most in at least 18 years, increasing speculation the central bank may make further unscheduled interest-rate cuts to shield the economy from a global slowdown.
Thursday November 06 2008
India Inflation Rate Holds Near Lowest in Five Months  
India's inflation held near a five- month low, validating the central bank's decision to reduce interest rates to bolster economic growth.
Tuesday November 04 2008
India Exports Slow  
India's exports grew at the slowest pace in 18 months in September as a weakening global economy damped demand for the nation's products.
Friday October 31 2008
India Inflation Is Under 11%  
India's inflation rate fell below 11 percent for the first time since May, giving the central bank room to reduce interest rates.
Thursday October 23 2008
India's Inflation Slows  
India's inflation slowed more than economists expected to a four-month low, vindicating the central bank's decision this week to cut interest rates to shore up a slowing economy.
Monday October 20 2008
India Lowers Key Rate  
India's central bank unexpectedly lowered its key repurchase rate for the first time since 2004 as the global credit-market turmoil threatens to plunge the world economy into recession.
Wednesday October 01 2008
India's August Trade Gap Doubles  
India's trade deficit almost doubled to a record in August as a surge in crude oil prices increased the nation's import bill and overseas sales of goods slowed.
Friday September 26 2008
India's Inflation Holds Near Lowest Level in 5 Weeks  
India's inflation held near a five- week low, giving the central bank room to keep borrowing costs unchanged and avoid placing funding pressures on lenders spooked by the U.S. financial meltdown.
Wednesday September 17 2008
Rupee Rebounds From Two-Year Low  
India's rupee rebounded from a two- year low, gaining the most in almost two months, after the central bank announced measures to boost dollar supply and curb exchange-rate swings.
Tuesday September 16 2008
Indian Rupee Falls Most in Decade  
India's rupee fell the most in a decade on speculation turmoil on Wall Street will heighten risk aversion among global investors, boosting sales of emerging- market assets.
Monday September 15 2008
India's Inflation Slows for a Third Week  
India's inflation slowed for a third straight week, signaling that the central bank's three interest-rate increases since early June are beginning to work.
Monday September 01 2008
Indian Rupee Drops  
India's rupee declined by the most in a week on speculation losses in equities will prompt global funds to reduce their local holdings.
Monday September 01 2008
Indian Export Growth Rises to Fastest in Three Months  
India's exports accelerated at the fastest pace in three months in July as companies shipped more gems, auto parts, medicines and other manufactured products to overseas markets.
Friday August 29 2008
Indian Growth Slowest for 3 Years  
India's economy grew at the slowest pace since 2004 last quarter as decade-high inflation and increased borrowing costs damped consumer spending.
Thursday August 28 2008
India's Inflation Rate Near Highest in 16 Years  
India's inflation held near a 16- year high as floods in half the country damaged crops and disrupted food supplies.
Thursday August 28 2008
Indian Rupee Falls as Importers Buy Dollars  
India's rupee declined on speculation importers bought dollars to pay month-end bills.
Wednesday August 27 2008
Indian Rupee Rises  
India's rupee rose, ending two days of losses, on speculation the central bank will seek gains in the currency to curb the fastest price increases in 16 years.
Tuesday August 26 2008
Rupee Pares Losses  
India's rupee rebounded from a 17- month low, paring losses, on speculation the central bank bought the currency to prevent declines from adding to inflation.
Tuesday August 26 2008
Indian Stocks Gain  
India's stocks benchmark index rose, erasing earlier losses, after crude oil fell, easing concern that energy costs will stoke inflation.
Tuesday August 26 2008
India to Unveil Economic Growth for Q2  
India will announce the pace of economic growth in the fiscal first quarter ended June as the highest interest rates in seven years cool consumer demand for homes, cars and appliances.
Tuesday August 26 2008
India's Central Bank May Need to Rise Interest Rates  
India's central bank should raise interest rates as inflation at a 16-year high hurts the government's electoral prospects before a vote due by May, according to the finance ministry's top economist.
Monday August 25 2008
Indian Rupee Declines to 17-Month Low  
India's rupee closed at the weakest level in 17 months on speculation importers bought dollars to settle bills.
Monday August 25 2008
India Inflation Accelerates to 16-Year High of 12.63%  
India's inflation accelerated to the fastest pace in more than 16 years, increasing the likelihood the central bank will raise interest rates for a fourth time since June.
Sunday July 27 2008
Inflation in India rises to 11.91%  
Inflation in India escalated to 11.91 per cent, a 13 year high during the week ended in July 5.The Whole Price Index based inflation was as low as 4.46 per cent in January and slowly increased to 5.27 per cent in February, 7.25 per cent in March and 7.41 per cent in April.
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Tuesday November 21 2017
Spain Trade Gap Narrows 3.7% YoY In September  
Spain's trade deficit shortened to EUR 2.15 billion in September of 2017 from EUR 2.23 billion in the corresponding month of the previous year. Exports jumped 8.5 percent year-on-year to EUR 23.26 billion and imports advanced at a slower 7.4 percent to EUR 25.41 billion. Considering the January to September period, the trade gap widened 40.3 percent to EUR 18.56 billion, as imports grew faster than exports.
Tuesday November 21 2017
Hong Kong Inflation Rate Rises to 1.5% In October  
Consumer prices in Hong Kong increased 1.5 percent year-on-year in October of 2017, higher than 1.4 percent in September. The slight uptick in annual inflation rate was mainly driven by rising prices of housing and food while cost of miscellaneous services fell less.
Tuesday November 21 2017
Swiss Trade Surplus Narrows 8.3% in October  
Swiss trade surplus narrowed 8.27 percent to CHF 2.33 billion in October 2017 from CHF 2.54 billion in the same month a year earlier and below market expectations of CHF 3.21 billion.
Monday November 20 2017
Russia Jobless Rate Down to 5.1%  
Russian unemployment rate fell to 5.1 percent in October of 2017 from 5.4 percent in the same month of the previous year, matching market expectations. In the previous month, the unemployment was slightly lower at 5 percent.
Monday November 20 2017
Chile GDP Growth At 1-1/2-Year High in Q3  
The economy of Chile advanced 2.2 percent year-on-year in the third quarter of 2017, following an upwardly revised 1 percent growth in the previous period and matching market consensus. It was the strongest expansion since the first quarter of 2016, as household spending rose faster and exports rebounded while investment fell less.
Monday November 20 2017
Nigeria GDP Grows 1.4% YoY in Q3  
The Nigerian economy advanced 1.4 percent year-on-year in the third quarter of 2017, accelerating from an upwardly revised 0.72 percent growth in the previous period. It is the second consecutive quarter of expansion as oil production continued to recover.
Monday November 20 2017
Thailand Q3 GDP Growth Strongest in 4-1/2 Years  
Thailand's GDP advanced 4.3 percent year-on-year in the September quarter of 2017, compared to an upwardly revised 3.8 percent growth in the previous period and beating market consensus of a 3.8 percent growth. It was the strongest expansion since the first quarter 2013, boosted by faster rises in private consumption, government spending, investment and exports.
Monday November 20 2017
Thailand Economy Expands 1% QoQ in Q3  
The Thailand economy grew by 1 percent quarter-on-quarter in the third quarter of 2017, slower than an upwardly revised 1.4 percent expansion in the prior quarter but beating markets expectations of 0.75 percent growth. It was the weakest expansion in three quarters, as private consumption growth slowed markedly and government spending and investment continued to fall.
Monday November 20 2017
Japan October Trade Surplus Narrows 41% YoY  
Japan's trade surplus narrowed 40.7 percent to JPY 285.4 billion in October 2017 from JPY 481.26 billion in the same month a year earlier and below market consensus of a JPY 330 billion surplus. Exports rose 14 percent from a year earlier to JPY 6,693.1 billion while imports increased at a faster 18.9 percent to JPY 6,407.7 billion.
Saturday November 18 2017
Week Ahead  
In the US, the most important events are the FOMC minutes release, existing home sales and durable goods. In the UK, investors will be waiting for the Autumn Budget. Elsewhere, flash PMIs for the Euro Area, Germany, France and Japan will also be in the spotlight.
Friday November 17 2017
US Housing Starts at 1-Year High  
Housing starts in the United States jumped 13.7 percent month-over-month to an annualized rate of 1,290 thousand in October of 2017, the highest in a year and beating market expectations of a 5.6 percent rise to 1,180 thousand. It follows an upwardly revised 1,135 thousand in September, which was the lowest reading since September of 2016, mainly due to disruptions caused by Hurricanes Harvey and Irma in the South.
Friday November 17 2017
Canada Inflation Rate Slows to 1.4% in October, Matches Forecasts  
Consumer prices in Canada increased 1.4 percent year-on-year in October of 2017, following a 1.6 percent rise in the previous month, and matching market expectations. The decline in annual inflation rate was mainly led by a slowdown in prices of gasoline and shelter. Meanwhile, the BoC's annual core inflation, which excludes volatile items, went up to 0.9 percent compared to 0.8 percent in September.
Friday November 17 2017
Malaysia Q3 GDP Growth Strongest In Over 3 Years  
The Malaysian economy advanced 6.2 percent year-on-year in the September quarter of 2017, compared to a 5.8 percent growth in the previous three months and beating market consensus of a 5.4 percent expansion. It was the strongest growth since the June quarter 2014, boosted by robust private consumption and faster rises in government spending, investment and exports.
Thursday November 16 2017
Indonesia Leaves Rates Steady  
The central bank of Indonesia left its benchmark repo rate unchanged at 4.25 percent on November 16th 2017, in line with market expectations. Policymakers said the current policy rate is adequate to control inflation, to maintain a healthy current account deficit and to build economic growth momentum. So far this year, the central bank already cut the borrowing cost twice by a total of 50bps in an attempt to boost the economy. The lending and the deposit facility rates were also left steady at 5 percent and 3.5 percent respectively.
Thursday November 16 2017
US Industrial Output Rises the Most in 6 Months  
Industrial production in the United States increased 0.9 percent month-over-month in October of 2017, following an upwardly revised 0.4 percent rise in September and beating market expectations of 0.5 percent. It is the biggest gain in industrial output since April, amid a return to normal operations after Hurricanes Harvey and Irma suppressed production in August and September. Manufacturing and utilities increased while mining fell, as Hurricane Nate caused a sharp but short-lived decline in oil and gas drilling and extraction. Excluding the effects of the hurricanes, the index for total output advanced about 0.3 percent.
Thursday November 16 2017
US Jobless Claims Highest in 6 Weeks  
The number of Americans filing for unemployment benefits increased by 10 thousand to 249 thousand in the week ended November 11th from the previous week's unrevised level of 239 thousand and above market expectations of 235 thousand. It is the biggest number in six weeks.
Thursday November 16 2017
Euro Area Inflation Rate Confirmed at 1.4%  
Consumer prices in the Euro Area increased 1.4 percent year-on-year in October of 2017, below 1.5 percent in September and in line with preliminary estimates. It is the lowest rate in 3 months.
Thursday November 16 2017
Italy Trade Surplus Widens in September  
Italy's trade surplus increased to EUR 4 billion in September of 2017 from EUR 2.76 billion in the same month of the previous year and above market consensus of EUR 3.42 billion. Exports surged 5.7 percent from a year earlier to EUR 38.06 billion mostly driven by sales of coke and refined petroleum products. Meantime, imports advanced at a slower 5.5 percent to EUR 34.07 billion, underpinned by purchases of crude oil and coke and refined petroleum products. With European Union countries, the trade surplus shrank to EUR 0.47 billion from EUR 0.83 billion in September 2016.
Thursday November 16 2017
Hong Kong Jobless Rate Lowest Since 1998  
The seasonally adjusted unemployment rate in Hong Kong decreased to 3.0 percent in the three months to October of 2017, after four consecutive months of a 3.1 percent rate. It was the lowest unemployment rate since February 1998. Meanwhile, the underemployment remained at 1.1 percent for the fourth consecutive three-month period.
Thursday November 16 2017
French Q3 Jobless Rate Highest in 3 Quarters  
The unemployment rate in France rose to 9.7 percent in the three months to September of 2017 from 9.5 percent in the previous period and in line with market consensus. It was the highest jobless rate since the fourth quarter of 2016. Meantime, the employment rate decreased by 0.2 percentage points to 65.1 percent while the activity rate came in at 71.9 percent (from 72.0 percent in Q2).
Thursday November 16 2017
Philippines Q3 GDP Growth Strongest in A Year  
The Philippines economy grew an annual 6.9 percent in the September quarter of 2017, following an upwardly revised 6.7 percent expansion in the previous quarter and above market consensus of a 6.5 percent growth. It was the strongest growth since the third quarter 2016, as government spending rose at a faster pace while private consumption, investment and exports increased further.
Thursday November 16 2017
Philippines Economy Grows 1.3% QoQ in Q3  
The Philippines GDP expanded 1.3 percent quarter-on-quarter in the September quarter of 2017, following an upwardly revised 2.0 percent growth in the June quarter. The figure came below market estimates of a 1.6 percent expansion, as the services and the industry sectors grew at slower paces while the agriculture contracted.
Thursday November 16 2017
Australia Jobless Rate Falls to 56-Month Low of 5.4%  
Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.4 percent in October of 2017 from 5.5 percent in the previous month while market expected 5.5 percent. It was the lowest jobless rate since February 2013, as the economy added 3,700 jobs while the number of unemployed declined by 8,100.
Wednesday November 15 2017
US Retail Sales Unexpectedly Rise 0.2% in October  
Retail sales in the US rose 0.2 percent month over month in October. The reading came above market expectations of no change after purchases surged 1.9 percent in September as people replaced vehicles and items destroyed by hurricanes.
Wednesday November 15 2017
US Inflation Rate Slows to 2%  
Consumer prices in the United States rose 2 percent year-on-year in October of 2017, below 2.2 percent in September and in line with market expectations. Cost eased for gasoline and fuel oil after hurricane-related production disruptions at oil refineries in the Gulf Coast area gave a boost to energy prices during September and August. Yet, core inflation rose to 1.8 percent, the highest in six months amid rising prices for food, transportation services and medical care.
Wednesday November 15 2017
US Retail Sales Rise 0.2% in October  
Retail sales in the United States rose 0.2 percent month-over-month in October of 2017, slightly below market expectations of no growth but following a upwardly revised 1.9 percent growth in September. 9 of 13 major retail categories showed month-over-month increases.
Wednesday November 15 2017
Ireland Trade Surplus Widens in September as Imports Plunge  
Irish trade surplus increased to EUR 4 billion in September of 2017 from EUR 3.8 billion in the same month of the previous year. Exports fell 8 percent year-on-year to EUR 9.6 billion mainly due to a decline in sales of organic chemicals. Meanwhile, imports decreased at a faster 17 percent to EUR 5.5 billion, dragged down by a 60 percent slump in purchases of other transport equipment.
Wednesday November 15 2017
Nigeria Inflation Rate Edges Down to 15.91% in October  
Consumer prices in Nigeria increased 15.91 percent year-on-year in October 2017, easing from 15.98 percent in September and in line with market expectations of 15.9 percent. The inflation slowed for the ninth consecutive month to its lowest level since May 2017 due to lower prices of education and housing utilities. Meantime, food inflation hit its highest level since July 2008 and transport prices increased further.
Wednesday November 15 2017
Euro Area Trade Surplus Widens in September  
Euro Area's trade surplus increased to EUR 26.4 billion in September of 2017 from a EUR 24.3 billion surplus a year earlier. It is the highest surplus ever for a September month.
Wednesday November 15 2017
UK Unemployment Rate Matches Forecasts  
The jobless rate in the United Kingdom came in at 4.3 percent in the three months to September of 2017, in line with market expectations and remaining the lowest rate since 1975. On the other hand, employment declined the most in nearly two years and real wages continued to decrease.
Wednesday November 15 2017
French October Inflation Rate Confirmed at 1.1%  
French consumer prices rose by 1.1 percent year-on-year in October 2017, matching the preliminary estimate and following a 1 percent increase in the prior month. It was the highest inflation rate since April, as food prices rose further while cost of manufactured products fell at a softer pace.
Wednesday November 15 2017
Turkish Jobless Rate Falls to 10.6% in August  
Turkish jobless rate fell to 10.6 percent in August 2017, from 11.3 percent in the same month of the previous year.The number of unemployed persons declined by 89 thousand to 3.404 million in August.
Wednesday November 15 2017
Indonesia Trade Surplus Smallest in 3 Months  
Indonesia posted a trade surplus 0.90 billion in October of 2017, compared to a 1.24 USD billion of surplus a year earlier and below market estimates of a 1.63 USD billion surplus. It was the smallest surplus in trade balance since July, as exports rose less than imports.
Wednesday November 15 2017
Japan GDP Growth Slows to 0.3% in Q3  
The Japanese economy advanced 0.3 percent on quarter in the three months to September of 2017, following a 0.6 percent expansion in the previous period and matching market consensus, the preliminary estimate showed. Growth was mainly supported by exports while business spending rose at a slower pace and private consumption fell for the first time in near two years.
Wednesday November 15 2017
South Korea Jobless Rate Falls to 3-Month Low of 3.6%  
South Korea’s seasonally adjusted unemployment rate fell slightly to 3.6 percent in October of 2017 from 3.7 percent in the previous month and in line with market expectations. It was the lowest jobless rate since July.
Wednesday November 15 2017
Chile Holds Interest Rate Unchanged for 6th Meeting  
Chile’s central bank kept the benchmark interest rate unchanged at 2.50 percent on November 14th of 2017, leaving the rate unchanged for the sixth straight meeting. The outcome matched consensus expectations, and leaves the interest rate at its lowest level since September of 2010. Policymakers underscored that the global outlook remained practically unchanged since the previous meeting. They also mentioned that investment remains subdued, mainly affected by construction activity. Chile's annual consumer price inflation rose to 1.9 percent in October 2017 from a four-year low of 1.5 percent in September.
Tuesday November 14 2017
Italian Inflation Rate Confirmed at 1% in October  
Consumer prices in Italy increased 1.0 percent year-on-year in October of 2017, compared to 1.1 percent rise in the previous month and matching preliminary estimates. It was the lowest inflation rate since January, mainly due to a slowdown in prices of education and services, after students from low-income households started being exempted from paying the annual university fee.
Tuesday November 14 2017
Euro Area Industrial Production Rises Faster than Expected  
Industrial production in the Euro Area increased by 3.3 percent year-on-year in September of 2017, beating market expectations of 3.2 percent but slowing from an upwardly revised 3.9 percent gain in August. Output rose less for intermediate, capital and nondurable goods and fell faster for energy. Among Eurozone's largest economies, industrial production slowed in Germany and Italy and fell in Ireland.
Tuesday November 14 2017
Eurozone GDP Growth Confirmed at 0.6%  
The Euro Area economy advanced 0.6 percent on quarter in the third quarter of 2017, below 0.7 percent in the previous period and in line with the first estimate.
Tuesday November 14 2017
UK Inflation Rate Remains at 5-Year High  
Consumer prices in the UK increased 3 percent yoy in October, the same as in September and below expectations of 3.1 percent. Still, it was the highest inflation rate since March 2012, with prices of food, housing, utilities and recreational goods making the biggest upward contribution.
Tuesday November 14 2017
Portuguese GDP Grows 0.5% in Q3  
The Portuguese economy advanced 0.5 percent on quarter in the three months to September of 2017 after expanding 0.3 percent in the previous period and missing market expectations of 0.6 percent, the preliminary estimates showed.
Tuesday November 14 2017
Italy GDP Growth Beats Forecasts in Q3  
The Italian economy advanced 0.5 percent on quarter in the third quarter of 2017, higher than a downwardly revised 0.3 percent rise in the previous period and beating market expectations of 0.4 percent. The expansion was driven by firm domestic demand and rising exports. On the production side, industry and services expanded, while agriculture contracted.
Tuesday November 14 2017
Dutch GDP Growth Slows to 0.4% in Q3  
The Dutch economy expanded 0.4 percent on quarter in the three months to September of 2017, well below a 1.5 percent growth in the previous period which was the highest in nearly 10 years. There were smaller positive contributions from household consumption, and net trade as exports rose less and imports grew more. In contrast, investment growth was strong.
Tuesday November 14 2017
Spain Inflation Rate Confirmed at 1.6% in October  
Consumer prices in Spain increased 1.6 percent year-on-year in September of 2017, easing from 1.8 percent in the previous month and in line with the preliminary estimate. Prices rose at a slower pace for transport and housing and utilities.
Tuesday November 14 2017
German Inflation Rate Confirmed at 4-Month Low of 1.6%  
German consumer prices rose by 1.6 percent year-on-year in October 2017, following a 1.8 percent rise in the prior two months and matching the preliminary estimate. It was the lowest inflation rate since June, as cost rose less than in a month earlier for energy and services.
Tuesday November 14 2017
German Q3 GDP Growth Stronger than Estimated  
The German economy expanded a seasonally-adjusted 0.8 percent on quarter in the September quarter of 2017, following a 0.6 percent growth in the previous period and beating market expectations of a 0.6 percent expansion, the preliminary estimate showed. Positive contributions mainly came from fixed investment and net trade while household consumption and government spending were stable.
Tuesday November 14 2017
India Wholesale Inflation at 6-Month High of 3.59%  
Wholesale prices in India rose 3.59 percent year-on-year in October of 2017, following a 2.60 percent increase in the prior month and above market estimates of a 3.01 percent gain. It was the highest wholesale inflation since April, due to a surge in cost of food and a faster rise in cost of fuel.
Monday November 13 2017
US October Budget Deficit Widens Slightly Above Expectations  
The United States government budget deficit widened to USD 63.2 billion in October 2017 from USD 45.8 billion in the same month of the previous year, and slightly above market expectations of USD 62.0 billion. 
Monday November 13 2017
Russia GDP Growth Slows to 1.8% in Q3  
Russia's gross domestic product grew 1.8 percent year-on-year in the third quarter of 2017, slowing down from a 2.5 percent expansion reported in the previous period. The weaker expansion was likely caused by slower industrial production while other sectors like retail, construction and agriculture grew faster.
Monday November 13 2017
India Inflation Rate at 7-Month High of 3.58%  
Consumer prices in India increased 3.58 percent year-on-year in October of 2017, above 3.28 percent in September and market expectations of 3.46 percent. It is the highest inflation rate in seven months, mainly driven by rising cost of food and fuel.
Monday November 13 2017
Portuguese Inflation Rate Unchanged at 4-Month High  
Portuguese consumer price inflation came in at 1.4 percent year-on-year in October 2017, unchanged from the previous month's four-month high and in line with market expectations. An increase in cost of food, transport, accommodation, and miscellaneous goods and services offset a drop in prices of leisure activities, clothing, and furnishings and household equipment.
Friday November 10 2017
Week Ahead  
In the US, the most important releases will be inflation, retail trade, industrial production and housing data. Investors will also be waiting for: UK inflation, retail sales, unemployment and wages; preliminary estimates of GDP growth for Japan and Germany; China factory output, retail sales and fixed investment; and Australia consumer and business sentiment, employment data and wages.
Friday November 10 2017
US Consumer Sentiment Falls From 14-Year High  
The University of Michigan's consumer sentiment for the United States fell to 97.8 in November of 2017 from 100.7 in the previous month which was the strongest since January 2004, preliminary estimates showed. The reading came below expectations of 100.7, as current and expected economic conditions deteriorated and consumers expect the inflation to rise in the next year.
Friday November 10 2017
Russia September Trade Surplus Larger than Expected  
Russia's trade surplus widened by 37.1 percent to USD 10.22 billion in September 2017 from USD 7.46 billion in the same month a year earlier and way above market expectations of a USD 9.0 billion surplus.
Friday November 10 2017
Brazil Inflation Rate Rises to 2.7% in October  
Consumer prices in Brazil increased 2.7 percent year-on-year in October of 2017, above 2.54 percent in September and compared to market expectations of 2.75 percent, mainly due to rising electricity cost. The inflation went up for the second month after touching 2.46 percent in August, the lowest since 1999. Yet, the cumulative inflation for the first ten months of the year stands at 2.21 percent, well below 5.78 percent in the same period of 2016.
Friday November 10 2017
UK Trade Deficit Narrows as Exports Hit Record High  
The UK’s deficit on trade in goods and services narrowed by GBP 0.70 billion to GBP 2.75 billion in September 2017 from a downwardly revised GBP 3.46 billion gap in August and way below market expectations of a GBP 4.60 billion gap. It was the smallest trade deficit since May.
Friday November 10 2017
Hong Kong Economy Grows 3.6% in Q3  
The Hong Kong economy advanced 3.6 percent year-on-year in the third quarter of 2017, following an upwardly revised 3.9 percent expansion in the previous period and missing market expectations of 4 percent. Growth was driven by private consumption and government spending while fixed investment contracted for the first time in over a year and net external demand contributed negatively.
Friday November 10 2017
Philippines Trade Deficit Narrows in September  
The Philippines posted a trade deficit of USD 1.91 billion in September of 2017, compared to a USD 2.02 billion gap in the same month a year earlier.
Thursday November 09 2017
Mexico Inflation Rate Rises Slightly in October  
Consumer prices in Mexico went up 6.37 percent year-on-year in October of 2017, slightly above 6.35 percent in the previous month and missing market expectations of 6.34 percent, mostly due to seasonal factors related to September's earthquakes. Cost grew faster for energy, education and housing and utilities while it slowed down for food and non-alcoholic beverages. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018.
Thursday November 09 2017
US Jobless Claims Rise to 1-Month High  
The number of Americans filing for unemployment benefits increased by 10 thousand to 239 thousand in the week ended November 4th from the previous week's unrevised level of 229 thousand and above market expectations of 231 thousand.
Thursday November 09 2017
Ireland Inflation Rate at 6-Month High in October  
Irish consumer prices increased 0.6 percent year-on-year in October of 2017, accelerating from 0.2 percent in the previous month. It was the highest inflation rate since April, as prices advanced for housing and utilities and restaurants and hotels while fell less for food.
Thursday November 09 2017
Greek Jobless Rate Drops Further to Near 6-Year Low  
The Greek seasonally adjusted unemployment rate fell to 20.6 percent in August 2017 from a downwardly revised 20.9 percent in the previous month. It was the lowest jobless rate since November 2011, as the number of unemployed declined further. Still, Greek unemployment rate remains more than double the Eurozone's average.
Thursday November 09 2017
Philippines Holds Policy Interest Rate at 3%  
The Philippine central bank held its benchmark interest rate at 3.0 percent on November 9th, as widely expected, saying inflation remains manageable despite continuing robust growth. The bank also raised its inflation forecast for 2018 to 3.4 percent from 3.2 percent previously estimated on higher crude oil prices, a weaker peso and an increase in domestic liquidity. The projections for 2017 and 2019 were maintained at 3.2 percent.
Thursday November 09 2017
Malaysia Leaves Monetary Policy Unchanged  
The Central Bank of Malaysia left its benchmark overnight policy rate unchanged at 3 percent on November 9th 2017, as expected. While saying the trend of headline inflation will be dependent on future global oil prices which remain highly uncertain, policymakers judged economic growth momentum has been lifted by stronger spillovers from the external sector to the domestic economy as firms invest in productive capacity, raise wages and hire more workers.
Thursday November 09 2017
German Trade Surplus Widens in September  
German trade surplus widened to EUR 24.1 billion in September 2017 from EUR 23.7 billion in the same month a year earlier, as exports rose by 4.6 percent year-on-year to EUR 110.4 billion and imports increased by 5.5 percent to EUR 86.3 billion.
Thursday November 09 2017
Swiss Jobless Rate Steady at 3.0% for 5th Month  
Swiss unadjusted unemployment rate stood at 3.0 percent in October of 2017, the same as in the prior four months. The figure remained at its lowest since October 2014 and in line with market consensus.
Thursday November 09 2017
China Inflation Rate at 9-Month High of 1.9% in October  
China's consumer prices rose 1.9 percent year-on-year in October of 2017, after a 1.6 percent rise in September and slightly above market consensus of a 1.8 percent gain. It was the highest inflation rate since January, as cost of non-food increased further while cost of food fell much less than in a month earlier.
Thursday November 09 2017
New Zealand Holds Interest Rate at 1.75% as Expected  
The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on November 8th of 2017, as widely expected. The central bank last moved the key rate in November of 2016. Policymakers underscored that global economic growth has continued to improve, although inflation and wages remain subdued; that the exchange rate has eased since the August Statement; and that GDP for the second quarter grew in line with expectations. The central bank also stated that monetary policy will remain accommodative for a considerable period, as numerous uncertainties remain and policy may need to adjust accordingly. Consumer prices in New Zealand increased 1.9 percent year-on-year in the third quarter of 2017, above market expectations of 1.8 percent and up from 1.7 percent in the previous period.
Wednesday November 08 2017
Ghana Inflation Rate Lowest Since 2013  
Consumer prices in Ghana increased 11.6 percent year-on-year in October of 2017, easing from a 12.2 percent rise in the previous month. It is the lowest rate since August of 2013, mainly due to a slowdown in transport (18.5 percent compared to 21.9 percent in September) and health (4.8 percent compared to 12.7 percent). The country is following a credit program with the International Monetary Fund that targets to shrink the inflation to 8 percent +/- 2 percentage points and restore the fiscal balance in 2018.
Wednesday November 08 2017
Tanzania Inflation Rate Slows in October  
Consumer prices in Tanzania increased 5.1 percent year-on-year in October of 2017, easing from a 5.3 percent rise in September, mainly due to a slowdown in commodity prices.
Wednesday November 08 2017
French Trade Deficit Widens Less than Expected in September  
French trade deficit widened to EUR 4.7 billion in September 2017 from a revised EUR 4.2 billion in the previous month, but below market expectations of a EUR 4.8 billion gap.
Wednesday November 08 2017
Thailand Leaves Monetary Policy Unchanged  
The Bank of Thailand held its benchmark policy rate steady at 1.5 percent on November 8th 2017, as expected. While saying the economy is expected to grow at a faster pace than its previous assessment supported by an increase in exports and improvement in domestic demand, policymakers said inflation is projected to edge up in line with an earlier estimate.
Wednesday November 08 2017
China October Trade Surplus Smaller than Expected  
China's trade surplus narrowed sharply to USD 38.17 billion in October 2017 from USD 48.42 billion in the same month a year earlier, and missing market consensus of USD 39.50 billion.
Tuesday November 07 2017
Russia Inflation Rate Falls Further to Lowest on Record  
Russia's consumer price inflation declined to 2.7 percent year-on-year in October 2017 from 3 percent in the previous month and below market expectations of 2.8 percent. It was the lowest inflation rate since the series began in 1991.
Tuesday November 07 2017
Australia Holds Cash Rate Steady at 1.5% in November  
The Reserve Bank of Australia left the cash rate unchanged at a record low of 1.5 percent at its November 2017 meeting, as widely expected. Policymakers said the Australian economy is expected to advance at an annual rate of around 3 percent over the next couple of years supported by improving outlook of non-mining investment while inflation is estimated to pick up gradually as the economy strengthens.
Tuesday November 07 2017
Philippines Inflation Rate at 35-Month High of 3.5% in October  
Consumer prices in the Philippines rose 3.5 percent year-on-year in October of 2017, following a 3.4 percent increase in the previous month and matching market expectations. It was the highest inflation rate since November 2014, as cost of housing increased at a faster pace while cost of food and transport went up further.
Monday November 06 2017
Swiss Inflation Rate Holds Steady at 6-1/2-Year High  
Swiss consumer price inflation stood at 0.7 percent year-on-year in October 2017, unchanged from the the previous month's six-and-a-half-year high and slightly below market consensus of 0.8 percent.
Monday November 06 2017
Indonesia Q3 GDP Annual Growth Rate Below Expectations  
The Indonesian economy advanced 5.06 percent year-on-year in the third quarter of 2017, following a 5.01 percent growth in the previous two periods but missing market expectations of 5.13 percent. The expansion was driven by a rebound in government spending while fixed investment and private consumption continued to increase firmly and net trade contributed positively to growth.
Monday November 06 2017
Indonesia Economy Expands 3.18% QoQ in Q3  
Indonesia's GDP grew by 3.18 percent quarter-on-quarter in the three months to September of 2017, easing from a 4.0 percent growth in the previous period and missing market expectations of 3.23 percent. Government spending rose at a weaker pace while private consumption and investment increased firmly and net trade contributed positively to growth.
Saturday November 04 2017
Week Ahead  
In the US, important releases include the preliminary reading of the Michigan consumer sentiment and consumer credit. It will be a busy week in Asia with the releases for China trade; consumer and producer prices; Japan machinery orders and GDP growth for Indonesia and Hong Kong. Investors will also be looking for UK industrial output, Euro Area retail sales and the RBA interest rate decision.
Friday November 03 2017
US Services Sector Rises the Most Since 2005: ISM  
The ISM Non-Manufacturing PMI index for the United States increased to 60.1 in October of 2017 from 59.8 in September, beating market expectations of 58.5. It is a new high reading since August of 2005, as production, employment and inventories continued to rise and the outlook for business conditions remained positive. It is the 4th time in the whole series the number is above 60.
Friday November 03 2017
US Trade Gap Slightly Higher than Expected  
The trade deficit in the United States widened to USD 43.5 billion in September 2017 from an upwardly revised USD 42.8 billion in August and compared to market expectations of a USD 43.2 billion gap. Exports rose 1.1 percent to the highest since December of 2014 while imports increased at a slightly faster 1.2 percent.
Friday November 03 2017
US Unemployment Rate Drops to 4.1% in November  
US unemployment rate edged down by 0.1 percentage point to 4.1 percent in October, and the number of unemployed persons decreased by 281,000 to 6.5 million. Since January, the unemployment rate has declined by 0.7 percentage point, and the number of unemployed persons has decreased by 1.1 million. It is the lowest unemployment rate since February 2001.
Friday November 03 2017
Canada Jobless Rate Rises to 6.3% in October  
Canada unemployment rate went up 0.1 percentage point to 6.3% in October of 2017, above market expectations of 6.2 percent as more young people joined the labor market. Overall, employment increased by 0.2 percent or 35 000 to 18.489 Million. Employment gains were driven by full-time work (+89,000), while fewer people worked part time (-53,000).
Friday November 03 2017
US Economy Adds 261K Jobs in October  
Non farm payrolls in the United States increased by 261 thousand in October of 2017, compared with market expectations of a 310 thousand rise. Employment in food services and drinking places increased sharply over the month, mostly offsetting a decline in September that largely reflected the impact of Hurricanes Irma and Harvey. In October, employment also increased in professional and business services, manufacturing, and health care. The September figure was revised up to an 18 thousand rise, compared to an initial estimate of a 33 thousand decline.
Friday November 03 2017
Canada Trade Deficit Unchanged in September  
Canada's merchandise trade deficit with the world totaled CAD 3.17 billion in September 2017, essentially unchanged from a CAD 3.18 billion gap in the previous month and above market expectations of CAD 3 billion shortfall. Exports were down 0.3 percent on lower passenger car and light truck sales, while imports decreased 0.3 percent on lower prices.
Friday November 03 2017
Turkish Inflation Rate at 9-Year High of 11.9% in October  
Consumer prices in Turkey increased 11.90 percent year-on-year in October of 2017, accelerating from a 11.20 percent rise in September and above market expectations of 11.50 percent gain. It was the highest inflation rate since October 2008, as cost went up at a faster pace for food, housing, and transport.
Friday November 03 2017
Malaysia Trade Surplus Widens 13.2% in September  
Malaysia's trade surplus increased to MYR 8.6 billion in September of 2017 from MYR 7.6 billion in the same month of the prior year and below market estimates of a MYR 8.8 billion surplus.
Thursday November 02 2017
US Jobless Claims Below Expectations  
The number of Americans filing for unemployment benefits decreased by 5 thousand to 229 thousand in the week ended October 28th, below market expectations of 235 thousand. The previous week's level was revised up by 1 thousand to 234 thousand. Claims taking procedures continued to be severely disrupted in the Virgin Islands while backlogged claims are now being processed in Puerto Rico.
Thursday November 02 2017
BoE Hikes Key Rate to 0.5%  
The Bank of England raised its benchmark Bank Rate by 25bps to 0.5 percent on November 2nd 2017, in line with market expectations, signalling the beginning of a gradual tightening process. It is the first rate increase in a decade after inflation stayed well above the 2 percent target for the eighth straight month in September amid a weaker sterling and higher energy prices. Policymakers said the inflation is expected to fall in 2018, conditioned on the gently rising path of the Bank Rate. The Monetary Policy Committee (MPC) voted by a majority of 7-2 to increase the Bank Rate but voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion and the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion.
Thursday November 02 2017
Australia Trade Surplus Largest in 4 Months  
Australia's trade surplus doubled to AUD 1.75 billion in September of 2017 from a downwardly revised AUD 0.87 billion in the prior month and beating market expectations of AUD 1.2 billion. It was the largest trade surplus since May, as exports increased by 3 percent to AUD 32.96 billion while imports was flat at AUD 31.21 billion.
Wednesday November 01 2017
Fed Leaves Monetary Policy Steady  
The Federal Reserve left the target range for its federal funds rate unchanged at 1 percent to 1.25 percent during its November 2017 meeting as widely expected. Policymakers said the labor market has continued to strengthen and economic activity has been rising at a solid rate despite hurricane-related disruptions, suggesting the December rate hike is still on the table.
Friday November 03 2017
Brazil Trade Surplus Jumps 126% YoY in October  
Brazil trade surplus increased to USD 5.2 billion in October of 2017 from a USD 2.3 billion surplus in the corresponding month a year earlier and compared to market expectations of USD 5.25 billion. It is the biggest surplus ever for an October month as exports rose the most in more than six years.
Wednesday November 01 2017
South Korea Inflation Rate Down to 10-Month Low of 1.8%  
Consumer prices in South Korea increased 1.8 percent year-on-year in October of 2017, easing from a 2.1 percent rise in September and below market expectations of 1.9 percent. It is the lowest inflation rate so far this year amid a slowdown in prices of housing, utilities and food after cost of agricultural and meat products have begun to stabilize after a summer drought.
Wednesday November 01 2017
New Zealand Jobless Rate Down to 9-Year Low of 4.6%  
New Zealand's unemployment rate edged down to 4.6 percent in the third quarter of 2017 from 4.8 percent in the previous period, below market expectations of 4.7 percent. It was the third straight decline and the lowest jobless rate since the last quarter of 2008.
Monday November 13 2017
US Factory Activity Growth Slows in October: ISM  
The Institute for Supply Management’s Manufacturing PMI in the US fell to 58.7 in October of 2017 from a 13-year high of 60.8 in September. Figures came below market expectations of 59.5 as most subindexes slowed and inventories came back to contraction.
Wednesday November 01 2017
US Manufacturing PMI Revised Marginally Higher: Markit  
The IHS Markit US Manufacturing PMI was revised slightly higher to 54.6 in October of 2017 from a preliminary of 54.5 and 53.1 in September. It is the highest reading since January due to a stronger growth in output and new orders. Also, export sales rose the most since August of 2016 and job creation was the strongest in 28 months.
Wednesday November 01 2017
Ireland Jobless Rate Falls Further to 9-Year Low of 6%  
Irish seasonally adjusted unemployment rate declined to 6 percent in October of 2017 from 6.1 percent in the previous two months, reaching a new low since June of 2008. Unemployment has fallen sharply since it hit near a decade high of 15.2 percent in January of 2012.
Wednesday November 01 2017
South Korea Trade Surplus Widens in October  
South Korea’s trade surplus widened to USD 7.3 billion in October of 2017 from USD 6.93 billion in the same month of the previous year, mainly supported by strong exports, preliminary data showed
Tuesday October 31 2017
Mexico GDP Shrinks For First Time in Over 4 Years  
The Mexican economy contracted 0.2 percent on quarter in the third quarter of 2017, following a 0.6 percent rise in the previous period. Industry and services were the main contributors to the decline, preliminary estimates showed. It was the first contraction since the second quarter of 2013, after the country was hit by two devastating earthquakes in September and also hurricanes.
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