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 -13249.19 -10437.20 258.90 -20210.90 USD Million [+]
Exports 24635.09 29232.05 30541.44 59.01 USD Million [+]
Imports 37884.28 39669.20 45281.90 117.40 USD Million [+]
Current Account -7900.00 -3400.00 7360.00 -31857.20 USD Million [+]
Current Account to GDP -0.90 -1.06 2.28 -4.80 percent [+]
External Debt 456100.00 484300.00 485035.00 96392.00 USD Million [+]
Terms of Trade 57.90 60.20 100.00 57.90 Index Points [+]
Capital Flows -19.06 -17.51 766.96 -271.46 USD Million [+]
Foreign Direct Investment 395.00 874.00 5670.00 -60.00 USD Million [+]
Remittances 9888.18 9942.81 12293.40 5999.10 USD Million [+]
Tourist Arrivals 905000.00 956000.00 1037000.00 129286.00 [+]
Gold Reserves 557.77 557.77 557.77 357.75 Tonnes [+]
Crude Oil Production 735.00 715.00 813.48 526.00 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 Notes

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 May 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



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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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Monday May 29 2017
Kenya Holds Key Rate At 10%  
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Monday May 29 2017
Sweden Trade Balance Swings To Deficit In April  
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Monday May 29 2017
Week Ahead  
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Friday May 26 2017
US Consumer Sentiment Revised Down In May  
The University of Michigan's consumer sentiment for the United States was at 97.1 in May of 2017, only slightly up from 97 in April and below initial estimates of 97.7. Both current and future expectations were revised down, final figures showed. Yet, it is still the highest reading in four months.
Friday May 26 2017
Mexico Jobless Rate Falls To 3.5% In April  
The unemployment rate in Mexico decreased to 3.5 percent in April of 2017 from 3.8 percent a year ago but worse than market expectations of 3.32 percent. On a seasonally adjusted basis, it rose to 3.5 percent from 3.2 percent in March.
Friday May 26 2017
US Durable Goods Orders Fall Less Than Expected  
New orders for US manufactured durable goods fell 0.7 percent month-over-month in April 2017, following an upwardly revised 2.3 percent jump in March, better than expectations of a 1.2 percent drop. It was the first decline this year, as orders for machinery fell 0.8 percent and those for civilian aircraft shrank 9.2 percent. Meanwhile, orders for defense aircraft jumped 7.1 percent and those for motor vehicles and parts went up 0.3 percent, the first rise in three months.
Friday May 26 2017
US GDP Growth Revised Up to 1.2% In Q1  
The US economy expanded an annualized 1.2 percent on quarter in the first three months of 2017, better than the advance estimate of 0.7 percent growth and beating market expectations of 0.9 percent, figures from the second estimate showed. It is the lowest growth rate in a year, better than the weakest first-quarter growth in three years initially estimated. Consumer spending and nonresidential fixed investment rose faster than anticipated and the drag from public spending and investment was lower than initially estimated. In contrast, private inventories decreased more.
Friday May 26 2017
Japan Inflation Rate At 3-Month High Of 0.4% In April  
Consumer prices in Japan rose 0.4 percent year-on-year in April of 2017, following a 0.2 percent rise in March and matching market consensus. It was the highest inflation rate since January, mainly driven by faster rises in cost of food and transport while cost of housing continued to fall.
Thursday May 25 2017
Brazilian Economy Expected To Start Recovering In 2017  
The Brazilian economy is expected to return to growth in 2017 after a plunge in commodities prices, a weaker real, stubbornly high inflation and political crisis led to a 2-year recession, the worst since records began. Yet, recent data points to slow recovery in private investment and production although sustained growth is heavily dependent on the government ability to pass fiscal reforms, reduce fiscal imbalances and restore consumer and business confidence. Yet, the most recent corruption scandal implicating President Temer sent the benchmark stock index and the real to year-to-date lows and the risk of another impeachment raised concerns over the country's prospects.
Thursday May 25 2017
South Africa Holds Repo Rate At 7%  
The South African Reserve Bank kept its benchmark repo rate on hold at 7 percent at its May 25th 2017 meeting, in line with market expectations. Policymakers said that although the inflation outlook has improved over the near term, the longer-term forecast is unchanged, remaining close to the upper limit of the target range. In addition, the rand and domestic bond yields benefited from increased global capital inflows to emerging markets which largely offset the impact of the sovereign credit ratings downgrade. However, with further ratings decisions imminent, risks remain for a further depreciation against the backdrop of continued global and domestic political uncertainty. Also, domestic growth prospects have deteriorated. The central bank revised down inflation and growth forecasts for this year.
Thursday May 25 2017
Mexico Trade Balance Swings To Surplus In April  
Mexico posted a trade surplus of USD 617 million in April of 2017 compared to a USD 2109 million trade deficit a year earlier and better than market expectations of a USD 1804 million shortfall. It is the highest trade surplus for an April month since 1996, as exports advanced 3.6 percent and imports declined 5 percent.
Thursday May 25 2017
US Jobless Claims Below Expectations  
The number of Americans filing for unemployment benefits increased by 1 thousand to 234 thousand in latest week, lower than market expectations of 238 thousand. It is 116th straight week that claims were below 300,000, a level associated with a healthy jobs market. In addition, the 4-week moving average which removes weekly volatility fell to 235.25 thousand, the lowest in 44 years.
Thursday May 25 2017
UK Q1 GDP Growth Revised Down To 2% YoY  
UK's gross domestic product expanded 2 percent year-on-year in the first quarter of 2017, following a 1.9 percent growth in the previous period but below the preliminary estimate of 2.1 percent. Fixed investment rose at a faster pace as business investment increased for the first time in over a year while household spending slowed and net trade contributed negatively.
Thursday May 25 2017
UK Q1 GDP Growth Revised Down To 0.2%  
The UK economy advanced 0.2 percent on quarter in the three months to March of 2017, below the preliminary estimate of 0.3 percent, mainly due to broad-based downward revisions within the services sector. On the expenditure side, household spending slowed while business investment rebounded.
Thursday May 25 2017
Hong Kong Trade Gap Widens 10% YoY In April  
Hong Kong's trade deficit increased by 10 percent to HKD 34.13 billion in April 2017 from HKD 31 billion in the same month of the previous year, as exports went up 7.1 percent and imports rose at a faster 7.3 percent. Considering the first four months of 2017, the trade deficit widened to HKD 144.9 billion from HKD 128.7 billion in the same period of the previous year, with exports rising by 9.4 percent and imports increasing 9.8 percent.
Thursday May 25 2017
South Korea Maintains Key Rate Steady At 1.25%  
The central bank of South Korea left its base rate steady for the tenth straight meeting at a record low of 1.25 percent in May, as expected, adopting a stance of stability in its first meeting since President Moon Jae-In's inauguration. Policymakers await the new administration's policy reforms, which unofficially begun with Moon's recent proposal for a 10 trillion Won stimulus in 2017.
Thursday May 25 2017
Spanish Q1 GDP Growth Confirmed At 0.8%  
The Spanish economy grew by 0.8 percent on quarter in the three months to March of 2017, matching the flash estimate and following a 0.7 percent expansion in the fourth quarter. Fixed investment, government spending and exports were the main drivers of growth while household consumption advanced at a slower pace.
Thursday May 25 2017
Singapore GDP Growth Revised Up To 2.7% In Q1  
The Singaporean economy expanded 2.7 percent year-on-year in the March quarter of 2017, slower than 2.9 percent in the prior quarter but stronger than preliminary estimates of a 2.5 percent growth. While services sector rose at a faster pace and manufacturing increased further, construction fell less than in the prior quarter, final figures showed.
Wednesday May 24 2017
Fed June Rate Hike Is Still On The Table  
Another increase in the federal funds rate would be appropriate soon, proven that recent growth slowdown is only transitory, minutes from last FOMC meeting showed. Fed officials also discussed strategies to start reducing its USD 4.5 trillion portfolio.
Wednesday May 24 2017
Canada Maintains Key Rate At 0.5%  
The Bank of Canada held its overnight rate steady at 0.5 percent on May 23rd, 2017, saying inflation is broadly in line with projections and recent economic data have been encouraging. The decision came in line with market expectations. The Bank Rate was also left on hold at 0.75 percent and the deposit rate at 0.25 percent.
Wednesday May 24 2017
South Africa Inflation Rate Down To 2015 Low Of 5.3%  
Consumer prices in South Africa rose 5.3 percent year-on-year in April of 2017, easing from a 6.1 percent increase in March and below market expectations of 5.6 percent. It is the lowest inflation rate since December of 2015, mainly due to a slowdown in prices of food and transport.
Wednesday May 24 2017
Thailand Holds Key Interest Rate At 1.5%  
The Bank of Thailand held its benchmark interest rate at 1.5 percent on May 24th, as widely expected. Policymakers said that the Thai economy’s growth outlook improved further despite uncertainties on the external front and that demand-pull inflationary pressures were low, while overall financial conditions remained accommodative and conducive to economic expansion.
Tuesday May 23 2017
New Zealand Trade Surplus Widens In April  
New Zealand trade surplus widened to NZD 578 million in April of 2017 compared to NZD 350 million in the same month of the previous year and expectations of a NZD 267 million surplus. It was the second straight monthly surplus after 8 consecutive deficits. Exports advanced to NZD 4750 million (or 9.8 percent year-on-year from a downwardly revised 9.6 percent in March), while imports jumped to NZD 4172 million (or 4.9 percent compared to an upwardly revised 7.9 percent). The annual trade deficit for the year ended April 2017 was NZD 3.48 billion, compared with a NZD 3.71 billion gap in the year ended March 2017.
Tuesday May 23 2017
Nigeria Is Expected To Return To Growth In 2017  
The Nigerian economy contracted in 2016 for the first time in 25 years after militant attacks in the Niger River delta destroyed oil pipelines and slump in oil prices led to a decline in government revenues and a shortage of foreign reserves. The economy is expected to slowly return to growth in 2017, boosted by public investment in roads, rails, ports and the power sector and higher oil production after peace talks between the government and militant groups started this year.
Tuesday May 23 2017
Nigeria Holds Key Rate At 14%  
The Central Bank of Nigeria held its benchmark interest rate unchanged at 14 percent at its May 2017 meeting as inflationary pressures start to ease while the economy remained in recession for the fifth quarter in the first three months of 2017. The decision came in line with market expectations.
Tuesday May 23 2017
US New Home Sales Down To 4-Month Low  
Sales of new single-family houses in the United States slumped 11.4 percent to a seasonally adjusted annual rate of 569 thousand in April of 2017 from an upwardly revised near 9-1/2-year high of 642 thousand in March. The figure came below market expectations of 610 thousand, as sales fell in all four main regions.
Tuesday May 23 2017
US Factory Activity Growth At 8-Month Low: Markit  
The IHS Markit US Manufacturing PMI fell to 52.5 in May of 2017 from 52.8 in April, below market expectations of 53, flash figures showed. It is the lowest reading since September of 2016, driven by softer growth of output, new orders and employment.
Tuesday May 23 2017
Nigerian Economy Contracts The Least In 1 Year  
The GDP in Nigeria shrank 0.5 percent year-on-year in the first quarter of 2017, following an upwardly revised 1.7 percent decrease in the previous period. It is the smallest fall in five quarters of contraction, as oil sector continued to decline although at a slower pace.
Tuesday May 23 2017
Hong Kong Inflation Rate At 7-Month High Of 2% In April  
Consumer prices in Hong Kong increased 2 percent year-on-year in April of 2017, compared to a 0.5 percent rise in the prior month. It was the highest inflation rate since September last year, mainly driven by prices of housing, transport, miscellaneous goods and services and food, excluding meals bought away from home.
Tuesday May 23 2017
Spain Trade Gap Widens In March  
The trade gap in Spain increased to EUR 1.5 billion in March of 2017 from a EUR 0.8 billion deficit a year earlier. Exports jumped 16.9 percent to a record high of EUR 26.2 billion and imports rose at a faster 19.1 percent to all-time high of EUR 27.7 billion.
Tuesday May 23 2017
Switzerland Trade Surplus Narrows To Near 2-1/2 Year Low  
Switzerland trade surplus decreased to CHF 1.97 billion in April of 2017 from CHF 2.42 billion a year earlier as exports fell more than imports. Year-on-year, sales went down by 10.4 percent to CHF 16.15 billion while purchases fell 9.1 percent to CHF 14.18 billion.
Tuesday May 23 2017
German GDP Growth Confirmed At 1-Year High In Q1  
The German economy expanded a seasonally-adjusted 0.6 percent in the first quarter of 2017, following a 0.4 percent growth in the previous period and matching the preliminary estimate. It was the strongest rate of expansion since the first quarter of 2016, supported by both domestic and foreign demand.
Tuesday May 23 2017
Singapore Inflation Rate At 4-Month Low of 0.4%  
Consumer prices in Singapore rose 0.4 percent year-on-year in April of 2017, compared to a 0.7 percent rise in March and below market expectations of 0.7 percent gain. It was the lowest inflation rate since December 2016, mainly driven by lower cost of housing. In contrast, prices accelerated for food and transport. On a month-on-month basis, consumer prices fell 0.3 percent, compared to a flat reading in March.
Monday May 22 2017
Russia Jobless Rate Unexpectedly Falls To 5.3% In April  
The unemployment rate in Russia declined to 5.3 percent in April of 2017 from 5.9 percent in the same month a year ago and well below market expectations of 5.5 percent. It was the lowest jobless rate since December last year. The number of unemployed people decreased by 470 thousand to 4.050 million while the number of economically active people fell by 400 thousand to 75.9 million, representing 52 percent of total population.
Monday May 22 2017
Mexico GDP Growth At 1-1/2-Year High In Q1  
The Mexican economy expanded a non-seasonally adjusted 2.8 percent year-on-year in the first quarter of 2017, higher than 2.7 percent in the preliminary reading and above a downwardly revised 2.3 percent increase in the previous period. It is the biggest growth rate in six quarters as services grew further and industrial output rebounded, final figures showed.
Monday May 22 2017
Mexico GDP Growth Revised Up to 0.7% In Q1  
The Mexican economy expanded 0.7 percent on quarter in the first three months of 2017, higher than 0.6 percent in the preliminary estimate and the same as in the previous period. Agriculture and industry expanded more than expected, final figures showed. Yet, the Mexican economy’s fundamentals look stronger than anticipated after an initial shock triggered by the US presidential election sent investment and consumer sentiment to record-low levels in January, worsening the growth outlook. However, investment has been hurt by uncertainty surrounding US and Mexico relations and industrial output remains subdued.
Monday May 22 2017
Japan Trade Surplus Narrows 40.6% YoY In April  
Japan's trade surplus narrowed 40.6 percent to JPY 481.7 billion in April 2017 from JPY 811.2 billion a year earlier and below market consensus of a JPY 520.7 billion surplus. It was the smallest trade surplus since January, as exports rose less than imports.
Friday May 19 2017
Week Ahead  
Next week, the most important event is the release of FOMC minutes. Investors will be looking for further clues on the timing of Fed's next rate hike. Markets are also anticipating a small upward revision to 0.9% from 0.7% in the second estimate of US GDP growth for Q1.
Friday May 19 2017
Canada Inflation Rate Steady At 1.6% In April  
Consumer prices in Canada increased 1.6 percent year-on-year in April of 2017, the same as in the previous month and below expectations of 1.7 percent. Prices of energy, transportation and shelter showed the highest upward pressure while food cost continued to decline although at a slower pace.
Friday May 19 2017
Hong Kong Jobless Rate Steady At 3.2%  
The seasonally adjusted unemployment rate in Hong Kong stood at 3.2 percent in the three months to April 2017, unchanged from the previous period. The underemployment rate also was steady at 1.2 percent.
Friday May 19 2017
Malaysia GDP Growth Strongest In 2 Years In Q1  
Malaysian economy expanded 5.6 percent year-on-year in the first quarter of 2017, compared to a 4.5 percent growth in the previous three months and above market expectations of 4.8 percent. It was the strongest expansion since the March quarter 2015, as private consumption, investment and exports rose at faster paces and government spending rebounded.
Thursday May 18 2017
Chile Unexpectedly Cuts Key Rate To 2.5%  
Chile’s central bank lowered the benchmark interest rate by 25 bps to 2.50 percent in its May 18th, 2017 meeting following a 25 bps cut in its April 13th meeting. Market participants were expecting no change. The move leaves the interest standing at its lowest level since September of 2010. Policymakers mentioned that mining and construction activity contracted in the first quarter while inflation is expected to remain on target. Members of the board also underscored that further easing will depend on mid-term inflation expectations.
Thursday May 18 2017
Russian Economy Continues To Recover In Q1  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy returned to growth after a two-year recession that was mainly caused by low oil prices and sanctions imposed on Russian individuals and businesses in response to the annexation of Crimea.
Thursday May 18 2017
Chile Annual GDP Growth Lowest Since 2009 In Q1  
The Chilean economy advanced 0.1 percent year-on-year in the first quarter of 2017, easing from a 0.5 percent expansion in the previous period and slightly below market expectations of 0.2 percent. It is the lowest growth rate since the 2009 recession as private consumption slowed and exports shrank further after a six-week strike at the world's biggest copper mine caused a 14.4 percent slump in copper production.
Thursday May 18 2017
US Jobless Claims Below 240K For 3rd Week  
The number of Americans filing for unemployment benefits decreased by 4K to 232K in latest week, the lowest level since February. It was the third straight week of falls bringing the claims close to values only seen in 1973. Meanwhile, continuing claims fell by 22K to 1898K, the lowest since November 1988.
Thursday May 18 2017
ECB Is Less Likely To Loosen Policy: Minutes  
ECB's policymakers widely agreed that the current monetary policy stance remained appropriate as the outlook for inflation remained fragile while Euro Area's economic recovery was becoming increasingly solid and downside risks had further diminished, minutes from the ECB's April meeting showed. At the same time, the point was made that recourse to non-standard monetary policy measures for providing further accommodation was becoming less likely, in line with the Governing Council’s evolving assessment.
Thursday May 18 2017
Indonesia Leaves Monetary Policy Unchanged  
Indonesia's central bank kept its benchmark interest rate on hold at 4.75 percent at its May 18th meeting, as widely expected. The overnight deposit facility rate and the lending facility rate were also left unchanged at 4.0 percent and 5.5 percent respectively. Policymakers said inflation remains manageable, but it faces risks, including higher energy costs and a pick up in food prices. Also, economic growth improved in the first quarter, mainly driven by stronger exports and government spending.
Thursday May 18 2017
French Jobless Rate Falls To 5-Year Low In Q1  
The unemployment rate in France dropped to 9.6 percent in the first quarter of 2017 from 10.0 percent in the previous period. It was the lowest jobless rate since the first quarter of 2012. Meanwhile, the employment rate was stable at 64.7 percent and the activity rate of people aged 15-64 decreased by 0.3 percentage points to 71.4 percent.
Thursday May 18 2017
Philippines GDP Growth Slowest In 1-1/2 Years In Q1  
The Philippines economy grew an annual 6.4 percent in the March quarter of 2017, following a 6.6 percent expansion in the previous quarter and below market consensus of a 6.8 percent growth. It was the weakest expansion since the third quarter 2015, as private consumption, investment, and government spending slowed while exports rose further.
Thursday May 18 2017
Philippines Economy Expands 1.1% QoQ In Q1  
The Philippines GDP expanded 1.1 percent quarter-on-quarter in the three months to March 2017, compared to an upwardly revised 1.8 percent growth in the December quarter 2016 and below markets estimates of a 1.5 percent growth. It was the weakest growth since the first quarter 2015 as the services sector and industry grew at a slower pace while agriculture rebounded.
Thursday May 18 2017
Australia Jobless Rate Down To 3-Month Low of 5.7%  
Australia's seasonally adjusted unemployment rate unexpectedly fell to 5.7 percent in April of 2017 from 5.9 percent in March and below market estimates of 5.9 percent. It was the lowest jobless rate since January, as the economy added 37,400 jobs while the number of unemployed declined by 19,100.
Thursday May 18 2017
Japan GDP Growth Strongest In A Year In Q1  
The Japanese economy advanced 0.5 percent on quarter in the March quarter of 2017, following a 0.3 percent growth in the previous period and above market consensus of a 0.4 percent growth, preliminary estimates showed. It was the strongest expansion since the first quarter 2016, supported by private consumption, exports and an unexpected rise in capital expenditure.
Thursday May 18 2017
Russia's Economy Returns To Growth  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy is now recovering after two years recession, brought on by falling oil prices, western sanctions and a weak currency. The economy is expected to grow between one and two percent in 2017-2019, while further GDP growth calls for efficient structural government reforms. The main county’s challenges are continued heavy dependence on oil revenues, the weakness of public administration, lag in technological innovation, financial isolation and geopolitical tensions.
Wednesday May 17 2017
Russian Economy Returns To Growth  
The Russian GDP advanced 0.5 percent year-on-year in the first quarter of 2017, following 0.3 percent growth in the previous period and above market expectations of 0.4 percent, according to preliminary estimates. The economy is now recovering after two years recession, brought on by falling oil prices, western sanctions and a weak currency.
Wednesday May 17 2017
Italy Trade Surplus Widens In March  
taly's trade surplus rose to €5.4 billion in March 2017 from €5.2 billion surplus in the same month of the previous year while market expected €1.97 billion surplus. Exports increased by 14.5 percent to €42.39 billion, led by higher purchases of coke and refined petroleum products and vehicles; while imports grew by 16.3 percent to €36.97 billion, as purchases of crude oil and coke and refined petroleum products rose the most. With EU countries, Italy registered a trade surplus of €1.25 billion and with non-EU ones - €4.2 billion.
Wednesday May 17 2017
Euro Area Inflation Rate Confirmed At 1.9%  
Consumer prices in the Euro Area increased 1.9 percent year-on-year in April of 2017, matching initial estimates and higher than 1.5 percent in March. Fuels, heating oil and package holidays had the largest upward effects. Excluding energy, food, alcohol and tobacco, the inflation increased to 1.2 percent from 0.7 percent and excluding energy only, it went up to 1.3 percent from 0.9 percent.
Wednesday May 17 2017
UK Jobless Rate Hits 42-Year Low  
UK unemployment rate fell to 4.6 percent in the three months to March 2017 from 4.7 percent in the previous period and below market expectations of 4.7 percent. It was the lowest jobless rate since July of 1975. The employment rate rose to a fresh all-time high of 74.8 percent, as the number of people in work went up by 122 thousand. Meanwhile, excluding the bonuses, pay adjusted for price inflation decreased by 0.2 percent from the previous year, the first decline since the third quarter of 2014.
Wednesday May 17 2017
Malaysia Inflation Rate At 3-Month Low Of 4.4% In April  
Consumer prices in Malaysia rose 4.4 percent year-on-year in April of 2017, compared to a 5.1 percent increase in March and below markets expectations of a 4.5 percent rise. It was the lowest inflation rate since January 2017, mainly due to a marked slowdown in cost of transport while food inflation was steady.
Tuesday May 16 2017
US Industrial Output Rises The Most In 3 Years  
US industrial production increased by 1 percent month-over-month in April 2017, following a downwardly revised 0.4 percent rise in March and beating market expectations of a 0.3 percent gain. It was the largest increase in industrial production since February 2014, as output rebounded for both manufacturing and mining while utilities grew at a slower pace.
Tuesday May 16 2017
US Housing Starts Fall For 2nd Month  
Housing starts in the United States went down 2.6 percent from the previous month to a seasonally adjusted annualized rate of 1172 thousand in April of 2017, following a downwardly revised 1203 thousand in the previous month and worse than market expectations of a 3.7 percent rise. It is the weakest construction activity in five months as starts fell in the South and the Northeast.
Tuesday May 16 2017
Irish Trade Surplus Widens To Record High In March  
Irish seasonally adjusted trade surplus increased by 12 percent to a record high of €5,051 million in March 2017 from a downwardly revised €4,494 million in the previous month, as exports fell by 4 percent while imports dropped at a faster 16 percent, preliminary figures showed. Meanwhile, the non-seasonally adjusted trade surplus widened 59.1 percent year-on-year to €5,247 million, as exports increased by 10 percent, due to higher sales of medical and pharmaceutical products, while imports went down 15 percent.
Tuesday May 16 2017
Nigeria Inflation Rate Slows For The 3rd Month  
Nigeria's consumer prices increased 17.24 percent year-on-year in April of 2017, easing slightly from a 17.26 percent rise in the prior month. The inflation rate fell for the third straight month to the lowest in nine months, led by a slowdown in prices of housing and utilities and transport. Annual core inflation rate was 14.75 percent, the lowest since April last year. On a monthly basis, consumer prices increased 1.60 percent.
Tuesday May 16 2017
Italian Economy Expands 0.2% In Q1, Matches Expectations  
The GDP in Italy advanced a meager 0.2 percent on quarter in the first three months of 2017, the same as in the previous period and in line with expectations. The economy continues to underperform most of its partners in the Euro Area as external demand dragged down on growth, preliminary estimates showed.
Tuesday May 16 2017
Euro Area GDP Growth Confirmed At 0.5% In Q1  
The Eurozone economy expanded 0.5 percent on quarter in the first three months of 2017, the same as in the previous period and in line with the preliminary estimate. Growth picked up in Germany and Spain but slowed in France and was steady in Italy.
Tuesday May 16 2017
Euro Area Trade Surplus Hits Record High  
The Eurozone trade surplus widened to a record high of €30.9 billion in March 2017 from €28.2 billion surplus in the same month of the previous year and above market expectations of €17.8 billion. Exports increased 13 percent to €202.3 billion and imports went up 17 percent to €171.4 billion.
Tuesday May 16 2017
UK Inflation Rate Highest Since 2013  
Consumer prices in the United Kingdom increased 2.7 percent year-on-year in April of 2017, following a 2.3 percent rise in each of the previous two months and above market expectations of 2.6 percent. It is the highest inflation rate since September of 2013, mainly due to rising air fares and electricity prices. The inflation rate has been on an upward trend since the Brexit vote last year due to a fall in the sterling value.
Tuesday May 16 2017
Dutch GDP Growth Lower Than Expected In Q1  
The Dutch economy advanced 0.4 percent on quarter in the first three months of 2017, lower than 0.6 percent in the previous period and below market expectations of 0.5 percent. It is the lowest growth rate since the last quarter of 2015 as household spending and inventories went down while business investment rebounded and rose the most in six years, preliminary estimates showed.
Tuesday May 16 2017
France Inflation Rate Confirmed At 1.2% In April  
Consumer prices in France rose 1.2 percent year-on-year in April of 2017, following a 1.1 percent gain in March and matching the preliminary figure. Prices went up further for food, energy and services while cost of manufactured products fell less than in the prior month.
Monday May 15 2017
Portugal GDP Growth At 7-Year High Of 1%  
The Portuguese economy advanced 1 percent on quarter in the first three months of 2017, following an upwardly revised 0.7 percent growth in the previous period. It is the biggest expansion since the first quarter of 2010, mainly boosted by external demand, preliminary estimates showed.
Monday May 15 2017
Italy Inflation Rate Revised Up To 1.9% In April  
Consumer prices in Italy increased 1.9 percent year-on-year in April of 2017, following a 1.4 percent rise in the previous period and above preliminary estimates of 1.8 percent. It is the highest inflation rate since February of 2013, mainly driven by prices of housing and utilities, namely electricity and natural gas and transport. On a monthly basis, consumer prices went up 0.4 percent, higher than preliminary estimates of 0.3 percent.
Monday May 15 2017
Turkish Jobless Rate Rises To 12.6% In February  
The jobless rate in Turkey increased to 12.6 percent in February of 2017, up from 10.9 percent a year earlier. Non-farm unemployment went up to 14.8 percent from 12.7 percent and youth unemployment rose to 23.3 percent from 18.6 percent.
Monday May 15 2017
Indonesia Trade Surplus Widens In April  
Indonesia posted a trade surplus of 1.24 USD billion in April of 2017, compared to a 0.66 USD billion surplus a year earlier and above market estimates of a 0.86 USD billion surplus. Considering January to April 2017, the goods surplus was recorded 5.33 USD billion, exports rose by 18.63 percent compared to the same period a year earlier to 53.86 USD billion while imports increased 13.51 percent to 48.53 USD billion.
Monday May 15 2017
Thailand Economy Grows1.3% QoQ, Fastest In Over 4 Years  
The Thailand economy advanced 1.3 percent quarter-on-quarter in the first quarter of 2017, much stronger than an upwardly revised 0.5 percent expansion in the prior quarter and slightly above market estimates of a 1.2 percent growth. It was the fastest quarterly growth since the December quarter 2012, mainly supported by private consumption and exports.
Monday May 15 2017
Thailand GDP Growth Strongest In 3 Quarters In Q1  
Thailand’s GDP expanded 3.3 percent from a year earlier in the March quarter of 2017, compared to a 3.0 percent growth in the fourth quarter 2016 and slightly above market expectations of a 3.2 percent expansion. It was the strongest growth since the June quarter last year, as a faster rise in private consumption and exports and a further increase in investment offset a sharp slowdown in government spending.
Sunday May 14 2017
Week Ahead  
In the US, most important releases include housing starts, building permits and industrial production. In China, industrial production, retail sales and fixed asset investment, are all expected to have slowed in April. In Europe, several countries will publish first estimates for Q1 GDP including Italy, Greece, Portugal, Finland and the Netherlands and Eurostat will release the second estimate for the Eurozone. It will be another busy week for the UK, with the release of inflation, unemployment and retail sales. Next week will also provide a deeper update on Australian consumers and households, with data for consumer confidence, wage inflation and unemployment. Japan will also publish GDP growth figures for Q1 with markets anticipating an annualized 1.7 percent expansion, higher than 1.2 percent in the previous quarter. Other important releases during the week include Q1 GDP growth for Thailand, Malaysia and Philippines and Canada inflation rate for April.
Friday May 12 2017
US Consumer Sentiment At 4-Month High  
The University of Michigan's consumer sentiment for the United States rose to 97.7 in May of 2017 from 97 in the previous month, according to preliminary estimates. Figures beat market forecasts of 97, boosted by an improvement in future expectations.
Monday May 22 2017
Mexican Economy Remains Resilient  
The Mexican economic fundamentals seem more resilient than anticipated after an initial shock triggered by the US presidential election sent investment and consumer sentiment to record-low levels in January. The economy grew in the first three months of the year, exports keep improving despite US trade noise, the peso recovered to pre-US election levels and transitory inflation shocks begin to fade.
Friday May 12 2017
Russia Trade Surplus At Near 2-Year High In March  
Russian trade surplus increased by 61.7 percent to $12.6 billion in March 2017 from $7.8 billion in the same month a year earlier and above market expectations of a $11.9 billion surplus. It was the largest trade surplus since June of 2015, as exports jumped 35.2 percent to $31.3 billion and imports went up 21.8 percent to $18.7 billion.
Friday May 12 2017
US Retail Sales Rise Less Than Expected In April  
Retail sales in the United States increased by 0.4 percent month-over-month in April 2017, following an upwardly revised 0.1 percent rise in March but missing market expectations of a 0.6 percent gain. The increase was mainly driven by a rebound in sales of motor vehicles and higher receipts at service stations, building material stores and electronics and appliance stores.
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
US Inflation Rate Lower Than Expected At 2.2%  
Consumer prices in the United States increased 2.2 percent year-on-year in April of 2017, lower than 2.4 percent in March and below market expectations of 2.3 percent. It is the lowest inflation rate so far this year due to a slowdown in energy, transport and health cost. The monthly index increased 0.2 percent, recovering from a 0.3 percent fall in March and matching forecasts, boosted by prices of shelter, energy, tobacco and food.
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.
Friday May 12 2017
Eurozone Industrial Output Rises 1.9% YoY In March  
Industrial output in the Euro Area increased by 1.9 percent year-on-year in March 2017, following an upwardly revised 1.4 percent rise in February but below market expectations of 2.3 percent gain. it was the sharpest increase in industrial output in three months boosted by higher production of consumer, intermediate and capital goods.
Friday May 12 2017
Hong Kong GDP Annual Growth At Near 6-Year High Of 4.3%  
The Hong Kong economy expanded 4.3 percent year-on-year in the first three months of 2017, higher than an upwardly revised 3.2 percent in the previous period and beating expectations of 3.4 percent. It is the biggest growth rate since the second quarter of 2011 as private consumption accelerated for the third period and exports rose the most in more than three years.
Friday May 12 2017
Malaysia Keeps Rates Steady At 3%  
The central bank of Malaysia left its benchmark overnight policy rate unchanged at 3 percent on May 12th 2017 as widely expected. Policymakers see growth momentum to strengthen in the first quarter of 2017 and to be sustained for the rest of the year while inflation will likely moderate in the second half of 2017.
Friday May 12 2017
Spain Inflation Rate Confirmed At 2.6% In April  
Spanish consumer prices rose 2.6 percent year-on-year in April, compared to a 2.3 percent increase in the previous month and marching preliminary estimates. Higher inflation rate was mainly driven by faster rise in cost of housing and utilities and cafes, hotels and restaurants and rebound in prices of recreation and culture.
Friday May 12 2017
German Inflation Rate Confirmed At 2% In April  
German consumer prices rose 2 percent year-on-year in April of 2017, following a 1.6 percent rise in March and matching a preliminary estimate. While cost of services went up at a faster pace, food inflation slowed.
Friday May 12 2017
German GDP Growth Strongest In A Year In Q1  
The German economy expanded a seasonally-adjusted 0.6 percent on quarter in the first three months of 2017, following a 0.4 percent expansion in the previous period while markets expected a 0.7 percent growth, flash estimates showed. It was the strongest expansion since the first quarter 2016, as positive contributions came from both domestic and foreign demand.
Thursday May 11 2017
US Jobless Claims Fall More Than Expected  
The number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended May 6th, 2017 from the previous week's unrevised level of 238 thousand, below market expectations of 245 thousand. It is the lowest figure in four weeks. Meanwhile, the number of continuing claims fell by 61 thousand to 1918 thousand, the lowest figure since November 5th, 1988 when it was 1898 thousand.
Thursday May 11 2017
UK Leaves Monetary Policy Unchanged  
The Bank of England Monetary Policy Committee voted by a majority of 7-1 to maintain Bank Rate at a record low of 0.25 percent on May 11th, 2017, as widely expected, saying the continuing suitability of the current policy stance depends on the trade-off between above-target inflation and slack in the economy, as well as the prospects for inflation to return sustainably to target. The MPC was unanimous in its decision to keep the stock of UK government bond purchases unchanged at £435 billion.
Thursday May 11 2017
Portugal Inflation Rate At 2012 High Of 2%  
Consumer prices in Portugal increased 2 percent year-on-year in April of 2017, following a 1.4 percent rise in March and above market expectations of 1.2 percent. It is the highest inflation rate since October of 2012, boosted by cost of travels, stays in hotels and transport due to the Easter holidays that in 2017 fell in April while it occurred in March in 2016.
Thursday May 11 2017
Irish Inflation Rate Rises To 4-Year High In April  
Irish consumer prices increased by 0.9 percent in the year to April 2017 after rising by 0.7 percent in the previous month and beating market consensus of a 0.3 percent gain. It was the highest inflation rate since February 2013, mainly driven by higher cost of transport.
Thursday May 11 2017
Greek Unemployment Rate Falls To 23.2% In February  
The Greek seasonally adjusted unemployment rate fell to 23.2 percent in February 2017 from a downwardly revised 23.3 percent in the previous month and compared with 23.9 percent in February 2016. The jobless rate reached its lowest level since September last year, as the number of unemployed decreased by 0.6 percent from the previous month to 1.1 million and employment rose by 0.2 percent to 3.7 million. Still, Greek unemployment rate remains more than double the Eurozone's average.
Thursday May 11 2017
Philippines Leaves Benchmark Rate At 3%  
The central bank of Philippines hold its key overnight borrowing rate steady at 3 percent on May 11th, 2017 as widely expected, mentioning a manageable inflation. Policymakers kept its inflation forecasts for 2017-2018 unchanged at 3.0 percent ± 1 percentage point but said upside risks persist.
Thursday May 11 2017
UK Trade Deficit Widens As Imports Hit New Record  
The UK’s deficit on trade in goods and services widened by £2.3 billion to £4.9 billion in March 2017 from a downwardly revised £2.7 billion in February. Imports increased in the month by £2.9 billion to a new record high of £53.9 billion, due to an increase in purchases of goods from both EU and non-EU countries. Exports increased by £0.6 billion to £49.0 billion.
Thursday May 11 2017
Switzerland Inflation Rate Falls From 6-Year High To 0.4%  
Consumer prices in Switzerland increased 0.4 percent year-on-year in April of 2017, lower than a near six-year high 0.6 percent increase in March. Figures came below market expectations of 0.5 percent, as prices slowed for food, hotel nights and transport.
Thursday May 11 2017
Philippines Trade Deficit Widens In March  
Philippines recorded a USD 2.30 billion trade deficit in March of 2017, compared to a USD 1.75 billion gap a year earlier, as exportss rose less than imports.
Thursday May 11 2017
South Korea Jobless Rate Up To 4.0% In April  
South Korea’s seasonally adjusted unemployment rate increased to 4.0 percent in April of 2017 from 3.7 percent in March.
Thursday May 11 2017
New Zealand Holds Key Rate At 1.75% For 5th Straight Meeting  
The Reserve Bank of New Zealand kept its official cash rate unchanged at record low of 1.75 percent on May 10th, 2017, as widely expected. The central bank left the monetary rate unchanged for the fifth straight meeting. Policymakers underscored that GDP growth in the second half of last year was softer than expected. However, the monetary policy stance is still neutral, as consumer prices increased by 2.2 percent year-on-year in the first quarter of 2017, explained by a transitory upswing in petrol and food prices. 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.
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