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

Imports of Printed Books, Newspapers, Pictures in India decreased to 47.48 USD Million in 2016 from 200.29 USD Million in 2015. Imports of Printed Books, Newspapers, Pictures in India averaged 348.87 USD Million from 1996 until 2016, reaching an all time high of 697.10 USD Million in 2007 and a record low of 47.48 USD Million in 2016.

India Imports of Printed Books, Newspapers, Pictures
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India Trade Last Previous Highest Lowest Unit
Balance of Trade -13829.20 -14018.80 258.90 -20210.90 USD Million [+]
Exports 26195.76 23098.18 30541.44 59.01 USD Million [+]
Imports 40025.00 37117.00 45281.90 117.40 USD Million [+]
Current Account -7200.00 -15000.00 7360.00 -31857.18 USD Million [+]
Current Account to GDP -0.70 -1.06 2.28 -4.80 percent [+]
External Debt 485800.00 471852.00 485800.00 96392.00 USD Million [+]
Terms of Trade 71.80 57.90 100.00 57.90 Index Points [+]
Capital Flows -34.56 8.42 766.97 -271.47 USD Million [+]
Foreign Direct Investment 1571.00 1108.00 8579.00 -60.00 USD Million [+]
Remittances 11373.60 10097.59 12293.40 5999.10 USD Million [+]
Tourist Arrivals 1005000.00 876000.00 1037000.00 129286.00 [+]
Gold Reserves 557.77 557.77 557.77 357.75 Tonnes [+]
Crude Oil Production 744.00 745.00 813.48 526.00 BBL/D/1K [+]
Terrorism Index 7.53 7.48 8.09 7.22 [+]
Weapons Sales 42.00 42.00 42.00 0.00 USD Million [+]

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India Imports of Printed Books, Newspapers, Pictures

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

Actual Previous Highest Lowest Dates Unit Frequency
47.48 200.29 697.10 47.48 1996 - 2016 USD Million Yearly
Current prices NSA




RELATED NEWS

Thursday December 14 2017
India Wholesale Inflation at 8-Month High of 3.93%  
Wholesale prices in India rose by 3.93 percent year-on-year in November of 2017, following a 3.59 percent increase in the prior month and above market estimates of a 3.78 percent gain. It was the highest wholesale inflation since March, mainly due to a faster rise in cost of food and a further increase in cost of fuel.
Tuesday December 12 2017
India Inflation Rate at 15-Month High of 4.88%  
Consumer prices in India increased 4.88 percent year-on-year in November of 2017, higher than 3.58 percent in October and well above market expectations of 4.2 percent. It is the highest inflation rate since August of 2016, mainly due to rises in cost of vegetables and fuel.
Wednesday December 06 2017
India Leaves Key Rate on Hold at 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on December 6th 2017, in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. However, the central bank showed concerns about inflationary risks, mainly due to higher prices for house rent allowances, food and fuel and raised its inflation forecasts for the second half of the current financial year to between 4.3 and 4.7 percent from the previous 4.2 percent to 4.6 percent. The gross value added growth projection was left unchanged at 6.7 percent. The reverse repo rate was also left on hold at 5.75 percent and the marginal standing facility rate and the Bank Rate at 6.25 percent
Thursday November 30 2017
India GDP Growth Below Expectations in Q3  
The Indian economy expanded 6.3 percent yoy in Q3, above a 5.7 percent in Q2 which was the lowest in nearly 3 years, but below expectations of a 6.4 percent. A rebound in investment and inventories offset a slowdown in both private and public spending.
Tuesday November 14 2017
India Wholesale Inflation at 6-Month High of 3.59%  
Wholesale prices in India rose 3.59 percent year-on-year in October of 2017, following a 2.60 percent increase in the prior month and above market estimates of a 3.01 percent gain. It was the highest wholesale inflation since April, due to a surge in cost of food and a faster rise in cost of fuel.
Monday November 13 2017
India Inflation Rate at 7-Month High of 3.58%  
Consumer prices in India increased 3.58 percent year-on-year in October of 2017, above 3.28 percent in September and market expectations of 3.46 percent. It is the highest inflation rate in seven months, mainly driven by rising cost of food and fuel.
Monday October 16 2017
India Wholesale Price Inflation Below Expectations  
Wholesale prices in India rose 2.60 percent year-on-year in September of 2017, following a 3.24 percent increase in the prior month. The figure came in below market estimates of a 3.41 percent gain, mainly due to a slowdown in cost of food and fuel.
Thursday October 12 2017
India Inflation Rate Unchanged in September  
India's consumer price inflation came in at increased 3.28 percent year-on-year in September 2017, unchanged from the previous month's five-month high and below market expectations of 3.6 percent. Food inflation slowed while prices rose at a faster pace for housing, fuel and clothing.
Wednesday October 04 2017
India Leaves Key Rate at 7-Year Low of 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on October 4th 2017, following a 25bps cut in August and in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term target for inflation of 4 percent +/- 2 percent, while supporting growth. The central bank also increased its inflation forecasts for October-March to a range of 4.2 percent to 4.6 percent while the gross value added projection was cut to 6.7 percent from 7.3 percent.
Thursday September 14 2017
Indian Wholesale Inflation at 4-Month High of 3.24% in August  
Wholesale prices in India rose 3.24 percent year-on-year in August of 2017, following a 1.88 percent increase in the prior month and above market estimates a 3.0 percent gain. It was the highest wholesale inflation since April, due to a surge in prices of food and fuel.
Tuesday September 12 2017
India Inflation Rate at 5-Month High in August  
Consumer prices in India increased 3.36 percent year-on-year in August of 2017, following a 2.36 percent rise in July and above market expectations of 3.2 percent. It is the highest inflation rate since March, due to a rebound in food prices. The Reserve Bank of India expects inflation at 2 percent - 3.5 percent in the first half of this fiscal year (April to September 2017) and at 3.5 percent - 4.5 percent in the second half (October 2017 to March 2018).
Thursday August 31 2017
India GDP Growth at Over 3-Year Low of 5.7% in Q2  
The Indian economy expanded 5.7 percent year-on-year in the second quarter of 2017, below 6.1 percent in the previous period and market expectations of 6.6 percent. It remains the weakest growth rate since the first quarter of 2014 due to a slowdown in consumer spending and exports. On the production side, manufacturing and agriculture eased. Figures for the second quarter of 2017 mark the third consecutive period of slowing growth, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation.
Monday August 14 2017
India Inflation Rate Rises to 2.36% in July  
India's consumer prices increased 2.36 percent year-on-year in July 2017, beating market expectations of 1.87 percent and following a 1.54 percent gain in the previous month. Cost of housing, energy and clothing rose further and food prices fell at a softer pace.
Monday August 14 2017
India WPI Rises More than Expected in July  
Wholesale prices in India rose 1.88 percent year-on-year in July of 2017, compared to a 0.9 percent rise in the prior month while market estimated a 1.3 percent rise. A surge in food prices offset a slowdown in cost of manufactured products and fuel.
Wednesday August 02 2017
India Cuts Key Rate to 6%  
The Reserve Bank of India lowered its benchmark interest rate by 25bps to 6 percent on August 2nd 2017, in line with market expectations. It is the first rate cut so far this year, bringing borrowing cost to the lowest since 2010 amid a sharp slowdown in inflation. The reverse repo rate was also lowered by 25bps to 5.75 percent and the marginal standing facility rate and the Bank Rate to 6.25 percent.
Friday July 14 2017
India Wholesale Inflation At 11-Month Low Of 0.9% In June  
Wholesale prices in India rose 0.9 percent year-on-year in June of 2017, compared to a 2.17 percent rise in May and below market estimates of a 1.6 percent rise. It was the lowest wholesale inflation since July of 2016, as cost of manufactured products and fuel went up at a slower pace and food prices fell further.
Wednesday July 12 2017
India Inflation Rate Falls To Fresh Low Of 1.54%  
Consumer prices in India increased 1.54 percent year-on-year in June of 2017, slowing sharply from a 2.18 percent rise in May and below market expectations of 1.7 percent. The inflation rate fell to a fresh record low for the third month as food prices declined faster amid a favorable monsoon.
Wednesday June 14 2017
India Wholesale Inflation At 5-Month Low Of 2.17% In May  
Wholesale prices in India rose 2.17 percent from a year earlier in May of 2017, compared to a 3.85 percent gain in April and below market estimates of 3.11 percent. It was the lowest wholesale inflation since December 2016, as cost of manufactured products and fuel went up at slower paces while prices of primary articles declined.
Monday June 12 2017
India Inflation Rate Down To Record Low Of 2.18%  
Consumer prices in India increased 2.18 percent year-on-year in May of 2017, slowing from a 2.99 percent rise in April and well below market expectations of 2.6 percent. The inflation hit a new record low for the second month as food prices fell for the first time ever led by pulses and vegetables.
Wednesday June 07 2017
India Leaves Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at 6.25 percent on June 7th 2017 as widely expected, saying the decision is consistent with a neutral monetary policy stance. Policymakers added that the inflation outlook for the next months is uncertain and revised down its GVA growth forecasts for 2017-2018 by 10bps to 7.3 percent. The reverse repo rate was also left unchanged at 6 percent, following a 25bps cut in April; the bank rate at 6.5 percent and the cash rate at 4 percent.
Wednesday May 31 2017
India GDP Growth Unexpectedly Slows To 6.1% In Q1  
The Indian economy advanced 6.1 percent year-on-year in the first quarter of 2017, slowing sharply from a 7 percent expansion in the previous period and well below market expectations of 7.1 percent. It is the lowest growth rate since the last quarter of 2014, due to a slowdown in consumer spending and a drop in investment, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation. In addition, the government changed the GDP base year for 2011-2012 from 2004-2005. The same change was made earlier for industrial production and wholesale prices indexes, with adjustments in the weights of the different industries. Considering the April 2016-March 2017 period, the economy advanced 7.1 percent, in line with the official estimate but below 8 percent in the previous year.
Friday May 12 2017
India Inflation Rate Falls To Record Low Of 2.99%  
Consumer prices in India increased 2.99 percent year-on-year in April of 2017, following a 3.81 percent rise in March and well below market expectations of 3.5 percent. It is the lowest inflation rate since the series began in 2012, driven by a slowdown in food prices.
Friday May 12 2017
India Wholesale Inflation Below Expectations  
Wholesale prices in India rose 3.85 percent year-on-year in April of 2017, following a downwardly revised 5.29 percent gain in March and well below market estimates of 4.8 percent. It is the lowest wholesale inflation in four months after the government revised the base year.
Monday April 17 2017
India WPI Rises Less Than Expected In March  
Indian wholesale prices rose 5.70 percent year-on-year in March of 2017, following a 6.55 percent gain in February and below market estimates of a 5.98 percent rise. A slowdown in cost of manufactured products offset a faster increase in cost of food and petrol.
Wednesday April 12 2017
India Inflation Rate Rises Less Than Forecasts  
Consumer prices in India increased 3.81 percent year-on-year in March of 2017, following a 3.65 percent rise in February and below market expectations of 3.98 percent. Food inflation slowed to 1.93 percent from 2.01 percent.
Thursday April 06 2017
India Holds Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at a six-year low of 6.25 percent on April 6th, as widely expected, and raised its reverse repo rate by 25bps to 6 percent, saying there are upside risks to the inflation outlook amid an uncertain global economic environment. Annual inflation rose to 3.65 percent in February 2017 from a record low of 3.17 percent in the previous month. For 2017-18, policymakers expect inflation to average 4.5 percent in the first half of the year and 5 percent in the second half.
Tuesday March 14 2017
India Consumer Inflation Rises More Than Expected  
Consumer prices in India increased 3.65 percent year-on-year in February of 2017, following a record low rise of 3.17 percent in January and higher than market expectations of 3.58 percent. Food inflation accelerated to 2.01 percent from 0.53 percent.
Tuesday March 14 2017
India WPI Rises The Most In Over 3 Years  
Indian wholesale prices rose 6.55 percent year-on-year in February of 2017, following a 5.25 percent gain in January while markets expected a 5.90 percent rise. It was the eleventh straight month of increase and the highest since November 2013, driven by a surge in prices of food while cost of manufactured products and petrol rose further.
Thursday March 02 2017
India GDP Growth Beats Expectations in Q4  
The Indian economy advanced 7 percent year-on-year in the last three months of 2016, slowing from an upwardly revised 7.4 percent rise in the previous quarter but beating expectations of a 6.4 percent growth. The expansion was mainly driven by a surge public spending and agriculture. The GDP is expected to grow 7.1 percent in the fiscal year ending in March 2017.
Tuesday February 14 2017
India WPI Rises The Most In 30 Months In January  
Indian wholesale prices rose 5.25 percent year-on-year in January of 2017, following a 3.39 percent gain in December while markets expected a 3.89 percent rise. It was the tenth straight month of increase and the highest since July 2014, driven by a faster increase in cost of manufactured product and a surge in cost of petrol while prices of food fell less than in the prior month.
Monday February 13 2017
India Consumer Inflation Down To Record Low Of 3.17%  
Consumer prices in India increased 3.17 percent year-on-year in January of 2017, easing from a 3.41 percent rise in December and below market expectations of 3.22 percent. It is the lowest inflation rate since the series began in 2012 due to a sharp slowdown in food prices.
Wednesday February 08 2017
India Keeps Key Rate At 6.25%  
The Reserve Bank of India left its key repo rate unchanged at 6.25 percent for the second time at its February 2017 meeting, compared to expectations of a 25bps cut. Policymakers decided to change the stance from accommodative to neutral while assessing the effects of demonetisation on inflation and growth. The reverse repo rate was also kept at 5.75 percent and the marginal standing facility and the bank rate at 6.75 percent.
Monday January 16 2017
India WPI Rises at Faster Pace in December  
Indian wholesale prices rose 3.39 percent year-on-year in December of 2016, following a 3.15 percent gain in November while markets expected a 3.50 percent rise. It was the ninth straight month of increase, mainly due to rising cost of manufactured products and petrol while prices of food fell for the first time since August 2015.
Thursday January 12 2017
India Inflation Rate Lowest Since November 2014  
Consumer prices in India increased 3.41 percent year-on-year in December of 2016, following a 3.63 percent rise in November and below market expectations of 3.57 percent. It is the lowest inflation rate since November of 2014 as food prices cooled. The slowdown in inflation intensified in the last two months of 2016 after a demonetization campaign slumped currency in circulation, hurting consumption.
Wednesday December 14 2016
India WPI Rises the Least in 5 Months  
Indian wholesale prices rose 3.15 percent year-on-year in November of 2016, following a 3.39 percent gain in October while markets expected a 3.10 percent rise. It was the eighth straight month of increase but the lowest figure since June, as a sharp slowdown in prices of food offset a faster increase in cost of manufactured products and petrol.
Tuesday December 13 2016
India Inflation Rate At 2-Year Low Of 3.6% In November  
Consumer prices in India increased 3.63 percent year-on-year in November of 2016, following 4.2 percent rise in October and well below market expectations of 3.9 percent. It was the lowest inflation rate since November 2014, as food inflation eased for the fourth straight month to 2.56 percent.
Wednesday December 07 2016
India Keeps Monetary Policy Unchanged at 6.25%  
The Reserve Bank of India unexpectedly left its benchmark repo rate unchanged at a six-year low of 6.25 percent during the meeting held on December 7th despite wide expectations of a rate cut, following a severe cash crisis.
Wednesday November 30 2016
Indian Economy Expands 7.3% YoY In Q3  
India's gross domestic product advanced 7.3 percent year-on-year in the third quarter of 2016, following 7.1 percent expansion in the previous period and missing market expectations of 7.5 percent growth. Private consumption expanded at a faster pace while government spending slowed down and fixed investment dropped further.
Tuesday November 15 2016
India Inflation Rate Falls to 14-Month Low of 4.2%  
Consumer prices in India increased 4.2 percent year-on-year in October of 2016, easing from an upwardly revised 4.39 percent rise in September, reaching a new low since August last year. Figures came in line with market expectations as food inflation eased for the third straight month to 3.32 percent.
Tuesday November 15 2016
India WPI Rises the Least in 4 Months  
Indian wholesale prices rose 3.39 percent year-on-year in October of 2016, following a 3.57 percent gain in September while markets expected a 3.75 percent rise. It was the seventh straight month of increase but the lowest figure since June, as a slowdown in prices of food offset a faster rise in cost of manufactured products and petrol.
Friday October 14 2016
India WPI Rises Less than Estimated in September  
Indian wholesale prices rose 3.57 percent year-on-year in September of 2016, following a 3.74 percent gain in August. It was the sixth straight month of increase and the lowest figure since June while markets expected a 3.90 percent rise. A slowdown in prices of food offset an increase in cost of manufactured products and petrol.
Thursday October 13 2016
India Annual Inflation Rate Slows to 13-Month Low  
India's consumer prices increased by 4.31 percent year-on-year in September 2016, easing from a 5.05 percent growth in the previous month and missing market expectations of a 4.8 percent gain. It was the lowest inflation rate since August last year, as food cost rose at a slower pace.
Tuesday October 04 2016
India Cuts Repo Rate to a 6-Year Low of 6.25%  
The Reserve Bank of India lowered its repurchase rate by a surprise 25bps to 6.25 percent on October 4th, 2016, saying the stance of monetary policy remains accommodative and the decision will help to bring inflation rate back to central bank's 4 percent target in the medium-term while supporting growth. India’s consumer prices index rose 5 percent year-on-year in August, easing from its 6 percent increase in July. The repo policy rate is now at its lowest since November 2010.
Wednesday September 14 2016
India WPI Rises Less Than Expected in August  
India wholesale prices rose 3.74 percent year-on-year in August of 2016, following a 3.55 percent gain in July while markets expected a 4.01 percent rise. It was the fifth straight month of increase and the highest figure since August 2014. While cost of manufactured products rose at a faster pace, prices of food slowed and cost of petrol fell less than in the preceding month.
Monday September 12 2016
India Inflation Rate Slows More than Expected  
Consumer prices in India increased 5.05 percent year-on-year in August of 2016, easing from a 6.07 percent rise in July and below market expectations of 5.5 percent. It is the lowest inflation rate in five months due to smaller rises in food prices.
Wednesday August 31 2016
India GDP Growth Slows to 7.1% YoY in Q2  
India's gross domestic product advanced 7.1 percent year-on-year in the second quarter of 2016, slowing from a 7.9 percent expansion in the previous period and missing market expectations of 7.6 percent growth. It was the lowest reading since the fourth quarter of 2014, as private consumption expanded at a slower pace while fixed investment dropped further.
Tuesday August 16 2016
India WPI Rises the Most in Nearly 2 Years  
India wholesale prices rose 3.55 percent year-on-year in July of 2016, following a 1.62 percent gain in June while markets expected a 2.55 percent rise. It was the 4th straight month of increase and the highest figure since August 2014, mainly due to a faster rise in prices of food and manufactured products.
Friday August 12 2016
India Consumer Inflation Highest Since August 2014  
Consumer prices in India went up 6.07 percent year-on-year in July of 2016, accelerating for the fourth straight month and beating market expectations of 5.9 percent. It was the highest figure since August of 2014, as food cost rose further.
Tuesday August 09 2016
India Keeps Policy Rate Unchanged at 6.5% in August  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on August 9th, as widely expected. While awaiting space for policy action, policymakers said the stance of monetary policy will remain accommodative and continue to emphasize the adequate provision of liquidity.
Thursday July 14 2016
India WPI Rises More Than Expected in June  
Indian wholesale prices rose 1.62 percent year-on-year in June of 2016, following a 0.79 percent gain in May and higher than market consensus of a 1.19 percent increase. It was the 3rd straight month of gain as prices of food and manufactured products went up at a faster pace while cost of petrol fell less than in the preceding month.
Tuesday July 12 2016
India Consumer Inflation Rises Further to 22-Month High in June  
Consumer prices in India went up 5.77 percent year-on-year in June of 2016, accelerating for the third straight month and reaching the highest since August of 2014. Figures came above market expectations of 5.73 percent, driven by food cost.
Tuesday June 14 2016
India WPI Rises for 2nd Month in May  
Indian wholesale prices rose 0.79 percent year-on-year in May of 2016, following a 0.34 percent gain in April and higher than market consensus of a 0.42 percent increase. It was the 2nd straight month of rise as prices of food and manufactured products went up at a faster pace while cost of petrol dropped further.
Monday June 13 2016
India Consumer Inflation at 21-Month High  
Consumer prices in India increased 5.76 percent year-on-year in May of 2016, higher than an upwardly revised 5.47 percent rise in the previous month and compared to market expectations of 5.5 percent. It is the highest figure since August of 2014 as food inflation increased to 7.55%, the most in 21 months.
Tuesday June 07 2016
India Holds Policy Rate Unchanged at 6.5%  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on June 7th, as expected. While awaiting further data to assess the impact of seasonal rainfall and some external risks, policymakers said they would remain accommodative.
Tuesday May 31 2016
India GDP Growth at 1-1/2-Year High of 7.9%  
The Indian economy expanded 7.9 percent year-on-year in the first three months of 2016, higher than a downwardly revised 7.2 percent growth in the previous quarter and much better than market expectations of a 7.5 percent increase. It is the best performance in six quarters, boosted by private spending while investment and exports declined. Considering full 2015/2016 year (April to March), the GDP in India advanced 7.6 percent, higher than 7.2 percent in the previous year.
Monday May 16 2016
India WPI Rises for 1st Time in 18 Months  
Indian wholesale prices unexpectedly rose 0.34 percent year-on-year in April of 2016, following a 0.85 percent drop in March and market consensus of a 0.2 percent fall. It is the first increase since November 2014 as prices rose for food and cost of manufactured products while cost of petrol declined at a slower pace.
Thursday May 12 2016
India Inflation Rate Accelerates More than Expected  
Consumer prices in India went up 5.39 percent year-on-year in April of 2016, accelerating from a 4.83 percent rise in the previous month and higher than market expectations of 5 percent. Food inflation also reached a three-month high.
Monday April 18 2016
India WPI Drops for 17th Straight Month  
Indian wholesale prices fell by 0.85 percent year-on-year in March of 2016, as compared to a 0.91 percent drop in February and missing market consensus of a 0.77 percent fall. Prices of food rose at a faster pace while cost of petrol declined further and cost of manufactured dropped at a slower pace.
Tuesday April 12 2016
India Inflation Rate Slows to 6-Month Low  
Consumer prices in India went up 4.83 percent year-on-year in March of 2016, slowing from an upwardly revised 5.26 percent rise in February. The inflation rate eased for the second straight month, reaching the lowest figure since September last year and compared to market expectations of 5 percent as food prices rose at a slower pace.
Tuesday April 05 2016
India Cuts Repo Rate to Lowest in Over 5 Years  
The Reserve Bank of India cut its benchmark repo rate by 25 bps to 6.5 percent during the meeting held on April 5th, 2016, as widely expected. It is the first reduction since September 2015 and the lowest rate since January 2011.
Monday March 14 2016
India Consumer Inflation Slows in February  
Consumer prices in India increased 5.18 percent year-on-year in February of 2016, lower than 5.69 percent in January and below market expectations of 5.6 percent. Consumer inflation eased for the first time in seven months, reaching the lowest since October due a slowdown in food cost.
Monday March 14 2016
India WPI Drops for 16th Straight Month  
Indian wholesale prices fell by 0.91 percent year-on-year in February of 2016, as compared to a 0.90 percent drop in January and missing market consensus of a 0.27 percent fall. Prices of food eased further while cost of petrol and manufactured declined at a slower pace.
Monday February 15 2016
India WPI Falls for 15th Straight Month  
Indian wholesale prices fell by 0.90 percent year-on-year in January of 2016, as compared to a 0.73 percent drop in December and above market consensus. Prices of food eased while cost of petrol and manufactured declined at a slower pace.
Friday February 12 2016
India Consumer Inflation Rises to 17-Month High  
Consumer prices in India went up 5.69 percent year-on-year in January of 2016, higher than 5.61 percent in December of 2015 and accelerating for the sixth straight month. It is the highest figure since August of 2014 and above market expectations of 5.4 percent. Food inflation increased to 6.85 percent from 6.4 percent in December, also the highest in seventeen months.
Monday February 08 2016
India GDP Advances 7.3% in Q4  
The Indian economy expanded 7.3 percent year-on-year in the last three months of 2015, slowing from an upwardly revised 7.7 percent growth in the previous quarter but in line with market expectations. The manufacturing sector surged 12.6 percent while farm output shrank 1 percent.
Tuesday February 02 2016
RBI Leaves Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent during the meeting held on February 2nd, as expected. While awaiting further data on inflation, policymakers said they would stay accommodative but look forward to the government's budget statement at the end of February.
Thursday January 14 2016
India WPI Drops for 14th Straight Month in December  
Indian wholesale prices fell by 0.73 percent year-on-year in December of 2015, as compared to a 1.99 percent drop in November and above market consensus. Prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Tuesday January 12 2016
India Consumer Inflation Rate at 15-Month High  
Consumer prices in India rose 5.61 percent year-on-year in December of 2015, accelerating for the fifth straight month and reaching the highest since September of 2014, in line with market expectations. Food inflation was 6.4 percent, up from 6.07 percent in November.
Monday December 14 2015
India Consumer Inflation Quickens to 13-Month High  
Consumer prices in India grew 5.41 percent year-on-year in November of 2015, higher than a 5 percent rise in October and in line with market expectations. It is the highest inflation rate since October of 2014 boosted by a surge in food cost.
Monday December 14 2015
India WPI Drops for 13th Straight Month in November  
Indian wholesale prices fell by 1.99 percent year-on-year in November of 2015, slowing from a 3.81 percent drop in October, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace. 
Tuesday December 01 2015
RBI Keeps Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent, as expected. Policymakers said they will monitor commodity prices, especially food and oil, while tracking inflationary expectations and external developments.
Monday November 30 2015
India GDP Growth Beats Expectations  
The Indian economy expanded 7.4 percent year-on-year in the three months to September of 2015, following an upwardly revised 7.1 percent expansion in the second quarter. Figures came better than market expectations of a 7.3 percent increase, boosted by financial, real estate and insurance activities and manufacturing.
Monday November 16 2015
India WPI Falls for 12th Straight Month in October  
Indian wholesale prices declined by 3.81 percent year-on-year in October of 2015, slowing from a 4.54 percent drop in September, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Thursday November 12 2015
India Consumer Inflation Quickens to 5%  
Consumer prices in India grew 5 percent year-on year in October of 2015, compared to 4.41 percent in September. It is the highest inflation rate in in four months boosted by higher than expected rise in cost of food.
Wednesday October 14 2015
India WPI Deflation Eases in September  
Indian wholesale prices fell 4.54 percent year-on-year in September of 2015, slowing from a 4.95 percent drop in the previous month as a rise in prices of food offset a further decline in cost of petrol. The wholesale inflation has been in negative territory since November of 2014.
Monday October 12 2015
India Consumer Inflation Above Forecasts  
Consumer prices in India increased 4.41% yoy in September, following an upwardly revised 3.74% rise in August. It is the highest inflation rate in three months driven by food prices.
Tuesday September 29 2015
India Cuts Repo Rate by 50 Bps to 6.75%  
The Reserve Bank of India cut its benchmark repo rate by a higher-than-expected 50 bps to 6.75 percent on September 29th, 2015. It is the fourth reduction this year, bringing the rate to the lowest since April of 2011, as policymakers tried to bolster the economy.
Monday September 14 2015
India Inflation Rate Falls to Fresh Record Low  
Consumer prices in India increased 3.66 percent year-on-year in August of 2015, slowing slightly from a revised 3.69 percent rise in July and in line with market expectations. The inflation rate fell to a fresh record low in August, staying below the central bank’s 6 percent target for the 11th month in a row.
Monday September 14 2015
India WPI Deflation Deepens in August  
Indian wholesale prices fell 4.95 percent year-on-year in August of 2015, following a 4.05 percent drop in the previous month as cost of manufactured products and diesel declined more than in July. The wholesale inflation has been in negative territory since November of 2014.
Monday August 31 2015
India GDP Growth Disappoints  
The Indian economy expanded 7 percent year-on-year in the second quarter of 2015, slowing from a 7.5 percent growth in the previous period and below market expectations of 7.4 percent. While services and manufacturing grew at a slower pace; mining and construction accelerated and agriculture reported expansion.
Friday August 14 2015
India WPI Deflation Worsens in July  
Indian wholesale prices fell 4.05 percent year-on-year in July of 2015, following a 2.40 percent drop in the previous month and missing market forecasts, as cost of petrol declined further while prices of food dropped. The wholesale inflation has been in negative territory since November of 2014.
Wednesday August 12 2015
Inflation Rate in India At Record Low in July  
Consumer prices in India increased 3.8 percent year-on-year in July of 2015, down from 5.4 percent reported in May. It is the lowest figure on record as food cost rose at a slower pace.
Tuesday August 04 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.25 percent, as expected. Policymakers said they await greater transmission of its monetary easing cycle embarking since January this year and leave possibilities for a more accommodative policies, depending on inflation outlook and possible action from the Federal Reserve.
Tuesday July 14 2015
India WPI Deflation at 2.40% in June  
Indian wholesale prices fell 2.40 percent year-on-year in June of 2015, following a 2.36 percent drop in the previous month, as the decline in cost of petrol eased while prices of food slowed further. The wholesale inflation has been in negative territory since November of 2014.
Monday July 13 2015
India's Inflation Rate at 8-Month High  
Consumer prices in India increased 5.4 percent year-on-year in June of 2015, compared to 5.01 percent in May. It is the highest figure since October last year due to stronger rise in food prices.
Monday June 15 2015
India WPI Deflation Eases in May  
Indian wholesale prices fell 2.36 percent year-on-year in May of 2015, following a 2.65 percent drop in the previous month, as a decline in petrol prices eased while food cost slowed. The index has been in the negative territory since November 2014.
Friday June 12 2015
India Consumer Inflation Rises to 5.01% in May  
Consumer prices in India increased 5.01 percent year-on-year in May of 2015, compared to 4.87 percent in April. The figure matched market expectations as cost of transport rose and prices of fuel and light advanced at a faster pace.
Tuesday June 02 2015
India Cuts Repo Rate for a Third Time This Year  
The Reserve Bank of India cut its benchmark policy rate by 25 bps to 7.25 percent as expected during the June 2nd meeting saying that the move is a more appropriate given low capacity utilization, mixed indicators of recovery, and subdued investment and credit growth.
Friday May 29 2015
India Economic Growth Accelerates in Q1  
India's GDP advanced 7.5 percent year-on-year in the first quarter of 2015, up from a downwardly revised growth of 6.6 percent in the previous period supported by a strong expansion in manufacturing and services sectors.
Thursday May 14 2015
India WPI Deflation Worsens in April  
Indian wholesale prices fell 2.65 percent year-on-year in April of 2015, following a 2.33 percent drop in the previous month, as petrol prices declined further while food cost slowed. The index has been in the negative territory since November 2014.
Tuesday May 12 2015
India Consumer Inflation Falls to 5-Month Low  
CPI inflation in India slowed for the second consecutive month to 4.87 percent in April of 2015 from an upwardly revised 5.25 percent in March, dragged down by lower food prices.
Wednesday April 15 2015
India WPI Deflation Deepens in March  
Indian wholesale prices fell 2.33 percent year-on-year in March of 2015, following a 2.06 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Monday April 13 2015
India Consumer Inflation Slows Slightly  
India annual CPI inflation decreased to 5.17 percent in March of 2015 from 5.37 percent in February, below market expectations. It is the lowest rate in three months due to a slowdown in food cost.
Tuesday April 07 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate on hold at 7.5 percent in April, following a surprise rate cut last month. Policymakers said will allow the disinflationary momentum to spread through the economy while waiting for commercial banks to cut lending rates.
Monday March 16 2015
India WPI Deflation Deepest Since 1976  
Indian wholesale prices fell 2.06 percent year-on-year in February of 2015, following a 0.39 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Thursday March 12 2015
India Consumer Inflation At 4-Month High  
India CPI inflation increased to 5.37 percent in February of 2015 from a revised 5.19 percent in the previous month driven by higher food prices.
Wednesday March 04 2015
RBI Cuts Repo Rate to 7.5%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.5 percent in a surprise meeting on March 4th. It is the second rate cut this year, citing slowing inflation, weak growth and important government reforms.
Monday February 16 2015
India WPI Inflation Turns Negative  
Indian wholesale prices dropped 0.39 percent year-on-year in January of 2015, following a 0.11 percent increase in the previous month, as petrol prices declined. It is the first negative figure since June of 2009.
Thursday February 12 2015
India Consumer Inflation Rises on New Base Year  
India CPI inflation rose for the second consecutive month to 5.11 percent in January from 5 percent in the previous month, after the country changed the base year for calculating consumer prices.
Monday February 09 2015
India's GDP Grow Faster Than China's in Q4  
India's economy advanced 7.5 percent year-on-year in the last quarter of 2014, following a revised 8.2 percent rise in the previous period as the way the GDP is calculated changed.
Tuesday February 03 2015
India Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.75 percent, as policymakers waited for more evidence of last month's rate cut and indicated that the key to further easing are continuing disinflationary pressures and sustained fiscal consolidation.
Thursday January 15 2015
India Cuts Policy Rate to 7.75%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.75 percent in a surprise meeting on January 15th, aiming to boost growth amid slowing inflation. Policymakers also signaled further monetary easing, depending on continuing disinflationary pressures, fiscal consolidation and supply constraints.
Friday January 16 2015
India Wholesale Inflation at 0.11% in December  
Indian wholesale prices increased by 0.11 percent in December of 2014 after being flat in the previous month driven by a surge in food cost.
Monday January 12 2015
India Consumer Inflation Climbs to 5%  
Indian CPI inflation increased for the first time in five months to 5 percent in December of 2014 from a record-low of 4.38 percent the previous month and driven by higher food prices.
Monday December 15 2014
India's Wholesale Prices Unchanged in November  
Indian wholesale price inflation was recorded at 0 percent in November, down from 1.77 percent in October. It is the lowest rate in nearly 5-1/2 years, mainly due to a fall in fuel prices and lower food cost.
Friday December 12 2014
India Consumer Inflation at 4.38%  
Indian consumer inflation slowed for the fourth straight month to a fresh record-low of 4.38 percent in November as food prices kept its downward trend.
Tuesday December 02 2014
India Leaves Monetary Policy Unchanged  
The Reserve Bank of India left the benchmark repo rate on hold at 8 percent on December 2nd, saying a change in monetary policy in current conditions is premature. However, policymakers added that adjustments may occur next year if inflation continues to ease and fiscal developments are encouraging.
Friday November 28 2014
India Economic Growth Weakens in Q3  
India's GDP advanced faster than expected 5.3 percent in the third quarter of 2014, yet below 5.7 percent reported from April to June. The expansion was dragged down by weaker manufacturing while services growth remained strong.
Friday November 14 2014
India WPI Down Further in October  
Indian annual wholesale price inflation was recorded at 1.77 percent in October, slowing further from a 2.38 percent increase in September. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Friday November 14 2014
India Consumer Inflation Beats Expectations  
Indian consumer inflation eased to a new record-low of 5.52 percent in October of 2014 as food prices slowed sharply.
Tuesday October 14 2014
India WPI Inflation Falls to New Five-Year Low in September  
Indian annual wholesale price inflation was recorded at 2.38 percent in September of 2014, slowing from a 3.74 percent increase in August. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Monday October 13 2014
India Consumer Inflation Down to Record Low  
Indian consumer inflation slowed for the second consecutive month to 6.46 percent in September of 2014, from a revised 7.73 percent in August. It is the lowest rate on record mainly driven by lower food prices.
Tuesday September 30 2014
India Keeps Policy Rate at 8%  
At its September 30th meeting, the Reserve Bank of India left the repo rate on hold at 8 percent, waiting for more evidence that inflation rate is slowing.
Monday September 15 2014
India WPI Inflation Down to 5-Year Low  
Indian wholesale price index rose 3.74 percent year-on-year in August of 2014, slowing from a 5.19 percent increase in July. It is the lowest rate since October of 2009 mainly due to a fall in prices of vegetables and oil.
Friday September 12 2014
India Consumer Inflation Edges Down in August  
Indian consumer prices rose by an annual 7.8 percent in August of 2014, slowing slightly from 7.96 percent in July. Provisional estimates showed the annual food inflation accelerated to 9.42 percent.
Friday August 29 2014
India Economy Expands 5.7% in Q2  
India's GDP advanced faster than expected 5.7 percent in the second quarter of 2014, up from 4.6 percent expansion reported in the first three month of the year. It is the highest growth rate reported since the fourth quarter of 2011.
Thursday August 14 2014
India's WPI Inflation At Five-Month Low in July  
India's wholesale price inflation in July eased to a five-month low of 5.19 percent, as cost of fuel moderated.
Tuesday August 12 2014
India Inflation Rate Surges in July  
Indian annual inflation rate accelerated to 7.96 percent in July of 2014 from 7.31 percent in the previous month driven by higher food prices.
Tuesday August 05 2014
Reserve Bank of India Leaves Rate on Hold  
At its August 5th meeting, the Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank by 50 bps to 22 percent, aiming to increase bank credit.
Monday July 14 2014
India Consumer Inflation Down to Record Low  
Indian consumer prices rose by an annual 7.31 percent in June of 2014, the lowest rate on record. The inflation rate slowed for the second straight month, due to lower food prices.
Monday July 14 2014
India Wholesale Inflation Slows in June  
Indian wholesale annual inflation rate slowed to 5.43 percent in June of 2014 from 6.01 percent in the previous month. It is the lowest rate in four months, as prices of onion and vegetables fell further and fuel cost rose at the slowest pace this year.
Monday June 16 2014
India WPI Inflation Up to 5-Month High  
Indian wholesale annual inflation rate accelerated to 6.01 percent in May of 2014 from 5.2 percent in the previous month, driven by higher fuel and food cost.
Thursday June 12 2014
India Consumer Inflation Declines in May  
Indian annual consumer prices decelerated to 8.28 percent in May of 2014 from 8.59 percent in April. It is the lowest rate in three months as food prices slowed slightly.
Tuesday June 03 2014
India Holds Policy Rate at 8%  
At its June 3rd, 2014 meeting, Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank - the statutory liquidity ratio - by 50 bps to 22.5 percent, aiming to increase bank credit.
Friday May 30 2014
Indian Economic Growth Decelerates in Q1  
In the first quarter of 2014, India's GDP growth slowed to 4.6 percent yoy from a 4.7 percent expansion registered in the previous period. The output was mainly hurt by a contraction in the manufacturing sector.
Thursday May 15 2014
India WPI Inflation Slows in April  
Indian wholesale inflation rate decelerated to a two-month low of 5.2 percent in April of 2014 from 5.7 percent in the previous month, as prices of food and fuel slowed.
Monday May 12 2014
India Consumer Inflation Up to 3-Month High  
Indian annual consumer prices accelerated for the second straight month to 8.59 percent in April of 2014, from 8.31 percent in March, driven by higher cost of fruits and vegetables.
Tuesday April 15 2014
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Tuesday April 15 2014
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
Tuesday April 01 2014
India Leaves Rates on Hold  
In its April 1st, 2014 meeting, Reserve Bank of India decided to leave the policy repo rate unchanged at 8 percent and decided to officially start using consumer price inflation to determine its monetary policy.
Friday March 14 2014
India Wholesale Inflation Slows for 3rd Straight Month  
In February of 2014, Indian annual wholesale price index decelerated to 4.68 percent, reaching the lowest rate in nine months, as food and fuel prices moderated. A year ago, the inflation was recorded at 7.28 percent.
Wednesday March 12 2014
India Consumer Inflation Edges Down in February  
Indian annual inflation rate slowed to a 25-month low of 8.1 percent in February of 2014. Provisional figures showed prices of vegetables eased the most on the year.
Friday February 28 2014
Indian GDP Grows Below Expectations  
In the fourth quarter of 2013, Indian economic growth slowed to 4.7 percent over a year earlier, down from a 4.8 percent expansion in the previous period, hurt by a contraction in manufacturing and mining output.
Friday February 14 2014
India Wholesale Inflation Slows to 8-Month Low  
In January of 2014, Indian annual WPI eased for the second straight month to 5.05 percent, the lowest rate since May of 2013, as food prices slowed and mineral cost fell.
Wednesday February 12 2014
India Consumer Inflation Slows to 24-Month Low  
In January of 2014, Indian consumer price inflation decelerated to 8.79 percent, the lowest annual rate since January of 2012, due to lower food prices.
Tuesday January 28 2014
Reserve Bank of India Raises Rates  
In its January 2014 meeting, Reserve Bank of India decided to raise the policy repo rate by 25 bps to 8 percent to handle currency pressure and curb persistently high inflation.
Wednesday January 15 2014
Indian WPI Slows to 5-Month Low in December  
In December of 2013, Indian headline inflation rate slowed to 6.16 percent, the lowest rate in five months as vegetable prices, mainly onions, slowed due to a new harvest. On a monthly basis, prices fell 1.27 percent.
Wednesday December 18 2013
Reserve Bank of India Leaves Policy Rates on Hold  
In its December meeting, the Reserve Bank of India kept its rates on hold following two successive 25 basis points hikes. The Bank decided to wait for further data despite high levels of inflation.
Monday December 16 2013
Indian WPI Inflation Rises to 14-Month High in November  
In November, India's headline inflation rate edged up to 7.5 percent, from 7.0 percent a month earlier. Prices rose at its faster pace since September of 2012 mainly due to higher food articles and energy costs.
Friday November 29 2013
Indian GDP Growth Beats Expectations  
In the third quarter of 2013, Indian economy advanced 4.8 percent over a year earlier, up from 4.4 percent in the previous three-month period, led by a surge in agriculture production and construction. Although third quarter figures came above market expectations, the economy grew below 5 percent for the fourth straight quarter.
Thursday November 14 2013
Indian Wholesale Inflation Accelerates to 7% in October  
In October of 2013, India’s annual headline inflation rose for the fifth straight month to an eight-month high of 7 percent, mainly due to higher prices of fuel and manufactured goods.
Tuesday October 29 2013
India Raises Policy Repo Rate to 7.75%  
The Reserve Bank of India has raised its policy repo rate for the second consecutive month by 25 basis points to fight high inflation and rolled back an emergency measure put in place in July to support the rupee.
Monday October 14 2013
Indian Inflation Speeds Up to 7-Month High in September  
In September, India's headline inflation rate based on monthly WPI rose to 6.5 percent from 6.1 percent in August, hitting its highest level since February of 2013. The speed up is broadly due to higher prices for food.
Friday September 20 2013
Reserve Bank of India Raises the Repo Rate to 7.5%  
The Reserve Bank of India decided on September 20th to raise the repo rate by 25 bps to 7.5 percent, in an attempt to refrain inflationary pressures. At the same time, it reduced the marginal standing facility rate by 75 bps to 9.5 percent to preserve the value of the rupee, while scaled back the minimum daily cash reserve ratio banks must keep with the central bank.
Monday September 16 2013
Indian Inflation Rate Rises to 6.1% in August  
In August, India's headline inflation rate, based on monthly WPI, rose to 6.10 percent from 5.79 percent in July and is the highest in six months. The speed up is mainly due to higher prices for food and energy.
Friday August 30 2013
India’s Economy Expands 4.4% in Q2  
India's Gross Domestic Product grew at 4.4 percent in the second quarter of 2013, the worst quarterly rate since 2002, hurt by a decline in mining and manufacturing.
Wednesday August 14 2013
Indian Inflation Rises to 5-Month High in July  
In July, India's headline inflation rate, based on monthly WPI, rose to 5.79 percent from 4.86 percent in June, mainly driven by higher food prices and more expensive imports due to a falling rupee.
Tuesday July 30 2013
Reserve Bank of India Leaves Rates on Hold  
Reserve Bank of India decided on July 30th to leave the repo rate unchanged at 7.25 percent, to support the rupee and citing increasing risks to growth outlook.
Monday July 15 2013
India's Annual Inflation Rate Up to 4.86% in June  
India's annual rate of inflation, based on monthly WPI, quickened to 4.86 percent in June as compared to 4.70 percent in May due to higher cost of food.
Monday June 17 2013
India's Reserve Bank Keeps Rates Unchanged Amid Inflationary Risks  
The RBI decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.25 per cent and to keep the cash reserve ratio of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities. The Central Bank warned of upward risks to inflation posed by a falling rupee and increases in food prices.
Friday June 14 2013
India's Inflation Slows to 4.7% in May  
India's annual rate of inflation, based on the Wholesale Price Index, stood at 4.70 percent (provisional) for the month of May as compared to 4.9 percent in the previous month, the lowest level in more than three years.
Monday August 12 2013
India's Economy is Bound for Slower Growth in 2013  
In recent months, Indian government has introduced pro-business economic reforms and outlined plans to increase spending on capital investment and large-scale social programs. Yet, it looks like is too little and too late. In the first three months of 2013, the GDP growth slowed to 4.8 percent and it is likely to go down further due to weak consumption, capital investment and declining government spending.
Friday May 31 2013
India's Economy Makes Timid Recovery in Q1  
India's quarterly Gross Domestic Product grew at 4.8 percent in the first quarter of 2013, only slightly better than an upwardly revised 4.7 percent growth in the previous three months. While Services were the largest contributor to growth, Manufacturing rose only 2.6 percent, Electricity, gas and water supply increased 2.8 percent, Agriculture, forestry and fishing were up 1.4 per cent and Mining and quarrying declined 3.1 percent.
Tuesday May 14 2013
India Inflation Rate Down to 4.9% in April  
The annual rate of inflation, based on monthly WPI, stood at 4.89 percent for the month of April 2013 (over April 2012) as compared to 5.96 percent for the previous month and 7.50 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.53 percent compared to a build up rate of 1.55 percent in the corresponding period of the previous year.
Monday May 13 2013
India Trade Deficit Widens in April  
India’s trade deficit rose in April from the same month a year earlier as imports of gold and silver increased more than twice, underlying an improvement in exports.
Friday May 03 2013
Reserve Bank of India Cuts Interest Rate by 25bps to 7.25%  
Based on an assessment of the current and prospective macroeconomic situation, the RBI has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 percent.
Thursday April 18 2013
India Trade Deficit Narrows in March  
India's exports rose 15 percent in February 2013 from a year earlier to INR 1678 billion, while imports rose 5 percent to INR 2239 billion leaving a trade deficit of INR 561 billion, according to trade ministry data.
Monday April 15 2013
India Inflation Rate Down to 5.96% in March  
The annual rate of inflation, based on monthly WPI, stood at 5.96 percent for the month of March, 2013 (over March, 2012) as compared to 6.84 percent for the previous month and 7.69 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.96 percent compared to a build-up rate of 7.69 percent in the corresponding period of the previous year.
Tuesday March 19 2013
Reserve Bank of India Cuts Interest Rate by 25 Basis Points  
Based on an assessment of the current macroeconomic situation, the Reserve Bank of India decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 percent to 7.5 percent with immediate effect. Consequently, the reverse repo rate under the LAF stands adjusted to 6.5 percent and the marginal standing facility rate and the Bank Rate to 8.5 percent with immediate effect.
Thursday March 14 2013
India Inflation Rate Up tp 6.84% in February  
The annual rate of inflation, based on monthly WPI, stood at 6.84% (Provisional) for the month of February, 2013 (over February, 2012) as compared to 6.62% (Provisional) for the previous month and 7.56% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.71% compared to a build up of 6.56% in the corresponding period of the previous year.
Monday March 11 2013
India Trade Deficit Narrows in February  
India's exports rose 4.25 per cent in February 2013 from a year earlier to INR 1412 Billion, while imports rose 2.6 per cent to INR 2214 billion, leaving a trade deficit of INR 802 billion, according to trade ministry data.
Friday May 31 2013
India’s GDP Growth Slows More Than Expected  
Recent updates for India are showing further deterioration of its economy. In the first three months of 2013, the GDP growth slowed to 4.8 percent; the ninth consecutive quarter of expansion below 8 percent.
Thursday February 28 2013
India's Economic Growth Eases More than Expected in Q4  
In the fourth quarter of 2012, India's economy grew only 4.5 percent due to the widespread weakness in farm, mining and manufacturing output.
Thursday February 28 2013
India's GDP Growth Slows to 4.5% in Q4  
India's quarterly GDP at factor cost at constant (2004-05) prices for Q3 of 2012-13 is estimated at Rs. 14,11,594 crore, as against Rs. 13,51,252 crore in Q3 of 2011-12, showing a growth rate of 4.5 percent over the corresponding quarter of previous year.
Thursday February 14 2013
India Inflation Slows to 6.62 Percent in January of 2013  
The annual rate of inflation, based on monthly WPI, stood at 6.62% for the month of January of 2013 (over January of 2012) as compared to 7.18% for the previous month and 7.23% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.09% compared to a build up of 6.15% in the corresponding period of the previous year.
Wednesday February 13 2013
India's Trade Deficit Widens in January  
India recorded a trade deficit of Rs. 1086.12 billion in January of 2013, compared to a Rs. 965.73 billion deficit in the previous month.
Tuesday January 29 2013
India's Central Bank Cuts Interest Rates By 25 Basis Points  
The Reserve Bank of India decided to cut its reference interest rate from 8 percent to 7.75 percent.
Friday January 18 2013
India's Trade Deficit Narrows in December  
India's trade deficit stood at Rs. 965.73 billion in December.
Monday January 14 2013
India Inflation Rate at 7.18 Percent in December  
The annual rate of inflation, based on monthly WPI, stood at 7.18 percent for the month of December of 2012 over December of 2011 as compared to 7.24 percent for the previous month and 7.74 percent during the corresponding month of the previous year.
Tuesday December 18 2012
India Keeps Interest Rate Unchanged  
On the basis of the current macroeconomic assessment, the Reserve Bank of India has been decided to keep the cash reserve ratio unchanged at 4.25 per cent and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.
Friday December 14 2012
India Inflation Down to 7.24 Percent in November  
The annual rate of inflation, based on monthly WPI, stood at 7.24 percent (Provisional) for the month of November, 2012 (over November, 2011) as compared to 7.45 percent (Provisional) for the previous month and 9.46 percent during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.84 percent compared to a build up of 5.28 percent in the corresponding period of the previous year.
Wednesday December 12 2012
India Annual Inflation Rate Down to 7.45 Percent in October  
The annual rate of inflation, based on monthly WPI, stood at 7.45 percent (Provisional) for the month of October, 2012 (over October, 2011) as compared to 7.81 percent (Provisional) for the previous month and 9.87 percent during the corresponding month of the previous year.
Tuesday December 11 2012
India's Trade Deficit Narrows in November  
India's trade deficit stood at Rs. 1056.48 billion in November as imports increase to Rs. 2277.96 billion while exports sink to 1221.48 billion.
Tuesday December 11 2012
India Keeps Interest Rate Unchanged  
The Reserve Bank of India has kept interest rates unchanged, but decreased reserve requirements, as the economic growth is falters under weakened global demand.
Tuesday December 11 2012
India's GDP Growth Slows to 5.3 Percent in Q3  
India’s economy has expanded by just 0.6 over the previous quarter and 5.3 percent over the previous year in the third quarter.
Wednesday November 30 2011
India's GDP Growth Slows to 6.9%  
The Indian economy expanded at its slowest pace in more than two years in the July-September quarter, hurt by high local borrowing costs and a deepening euro-zone crisis.
Tuesday August 30 2011
India's Economy Grows 7.7% in Q2  
India's economy grew 7.7% in the three months from April to June, compared with the same period of 2010.
Tuesday May 31 2011
India GDP Growth Slows to 7.8%  
India's economy rose 7.8 percent in the three months ended March 31 from a year earlier, after a revised 8.3 percent gain in the previous quarter, the Central Statistical Office said in a statement in New Delhi on May 31. That’s the slowest pace in five quarters.
Tuesday March 01 2011
India GDP Growth Slows to 8.2% in Q4  
India's economy grew 8.2% compared to the same period a year earlier between October and December, government data showed on March 1.
Thursday December 02 2010
India GDP Surges 8.9% in the Third Quarter  
India's domestically-powered economy grew more than expected in the September quarter, defying weakness elsewhere and putting pressure on the Reserve Bank of India (RBI) to tighten monetary policy although a rate increase next month still looks unlikely.
Sunday September 05 2010
India’s Second Quarter GDP Rises To 8.8%  
India's economy expanded 8.8% in the second quarter from a year earlier, compared to an 8.6% on-year expansion in the first, lifted by robust activity in manufacturing.
Wednesday June 02 2010
Is India's High Growth Sustainable?  
After almost 7% growth in 2008/09 fiscal year, in the first three months of 2010 India's economy expanded 8.6% boosted by industrial production and services. But, is the third largest economy in Asia able to keep its high rate of growth?
Monday May 31 2010
Indian Economic Growth Accelerates to 8.6%  
India’s economic growth accelerated in the first quarter, adding pressure on the central bank to raise interest rates even as Europe’s sovereign-debt crunch threatens the global recovery.
Thursday March 11 2010
Can India Reach 10% Growth Rate?  
After three years of growth over 9%, India's economy expended 6.7% in 2008/09 fiscal year, weathering surprisingly well global crisis and poor monsoon. This year projections start at 7.2%, some even believe that India can overtake China as the fastest growing nation in the world. But can the government of third largest economy in Asia be able to achieve this goal?
Thursday January 21 2010
India's Economy May Overheat in 2010  
In the third quarter of 2009, India's economy expanded 7.9%. And although it is expected that in the last three months of 2009, the third largest economy in Asia might have recorded growth over 8%, the beginning of 2010 may surprise us on the negative side. 
Monday November 30 2009
India’s Economy Expands 7.9%  
India’s economy expanded at the fastest pace in six quarters as manufacturing jumped, giving the central bank room to withdraw more stimulus measures.
Wednesday November 04 2009
Poor Monsoon Challenges India Pace of Growth  
This week, India’s finance minister announced the government would keep its fiscal stimulus as poor monsoon and uncertain global outlook threaten the country’s growth. This statement also made clear the second fastest growing economy in the world, may be struggling in keeping current 6% pace of expansion.
Friday September 04 2009
India’s GDP Growth May be Halted by a Drought  
In the second quarter of 2008 India economy expended 6.1%, after growing 5.8% in the first quarter. And although it is less than average recorded during last three years, India is still the second fastest growing economy in the world after China.
Friday June 05 2009
India May Emerge From the Slowdown This Year  
Although India’s economy grew a better-than-expected 5.8 per cent in the first quarter of 2009 is still beyond the government initial expectations. Indeed, with an ongoing global economic crisis squeezing bank’s liquidity and cooling the exports sector, India’s government can forget about reaching a two-digit growth rate in the near future.
Thursday April 23 2009
India is Fighting the Slowdown  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Sunday February 15 2009
India Is Under Threat From The Global Recession  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Friday January 02 2009
India Cuts Rates  
India cut interest rates for the fourth time since October and unveiled another stimulus package to counter the effect of the global recession on Asia's third- largest economy.
Monday December 08 2008
India Cuts Interest Rates  
India’s central bank cut interest rates for the third time in less than two months after last week’s terror attacks shook investor confidence in an economy already weakened by a global recession.
Monday December 01 2008
India Exports Fall in October  
India’s exports declined for the first time in seven years as recession in its biggest markets in the U.S. and Europe damped demand for the nation’s products.
Friday November 28 2008
India’s Economy Expands 7.6%  
India’s economy grew at the slowest pace since 2004 last quarter, increasing pressure on the central bank to cut interest rates.
Thursday November 13 2008
India's Inflation Rate Declines  
India's inflation rate fell the most in at least 18 years, increasing speculation the central bank may make further unscheduled interest-rate cuts to shield the economy from a global slowdown.
Thursday November 06 2008
India Inflation Rate Holds Near Lowest in Five Months  
India's inflation held near a five- month low, validating the central bank's decision to reduce interest rates to bolster economic growth.
Tuesday November 04 2008
India Exports Slow  
India's exports grew at the slowest pace in 18 months in September as a weakening global economy damped demand for the nation's products.
Friday October 31 2008
India Inflation Is Under 11%  
India's inflation rate fell below 11 percent for the first time since May, giving the central bank room to reduce interest rates.
Thursday October 23 2008
India's Inflation Slows  
India's inflation slowed more than economists expected to a four-month low, vindicating the central bank's decision this week to cut interest rates to shore up a slowing economy.
Monday October 20 2008
India Lowers Key Rate  
India's central bank unexpectedly lowered its key repurchase rate for the first time since 2004 as the global credit-market turmoil threatens to plunge the world economy into recession.
Wednesday October 01 2008
India's August Trade Gap Doubles  
India's trade deficit almost doubled to a record in August as a surge in crude oil prices increased the nation's import bill and overseas sales of goods slowed.
Friday September 26 2008
India's Inflation Holds Near Lowest Level in 5 Weeks  
India's inflation held near a five- week low, giving the central bank room to keep borrowing costs unchanged and avoid placing funding pressures on lenders spooked by the U.S. financial meltdown.
Wednesday September 17 2008
Rupee Rebounds From Two-Year Low  
India's rupee rebounded from a two- year low, gaining the most in almost two months, after the central bank announced measures to boost dollar supply and curb exchange-rate swings.
Tuesday September 16 2008
Indian Rupee Falls Most in Decade  
India's rupee fell the most in a decade on speculation turmoil on Wall Street will heighten risk aversion among global investors, boosting sales of emerging- market assets.
Monday September 15 2008
India's Inflation Slows for a Third Week  
India's inflation slowed for a third straight week, signaling that the central bank's three interest-rate increases since early June are beginning to work.
Monday September 01 2008
Indian Rupee Drops  
India's rupee declined by the most in a week on speculation losses in equities will prompt global funds to reduce their local holdings.
Monday September 01 2008
Indian Export Growth Rises to Fastest in Three Months  
India's exports accelerated at the fastest pace in three months in July as companies shipped more gems, auto parts, medicines and other manufactured products to overseas markets.
Friday August 29 2008
Indian Growth Slowest for 3 Years  
India's economy grew at the slowest pace since 2004 last quarter as decade-high inflation and increased borrowing costs damped consumer spending.
Thursday August 28 2008
India's Inflation Rate Near Highest in 16 Years  
India's inflation held near a 16- year high as floods in half the country damaged crops and disrupted food supplies.
Thursday August 28 2008
Indian Rupee Falls as Importers Buy Dollars  
India's rupee declined on speculation importers bought dollars to pay month-end bills.
Wednesday August 27 2008
Indian Rupee Rises  
India's rupee rose, ending two days of losses, on speculation the central bank will seek gains in the currency to curb the fastest price increases in 16 years.
Tuesday August 26 2008
Rupee Pares Losses  
India's rupee rebounded from a 17- month low, paring losses, on speculation the central bank bought the currency to prevent declines from adding to inflation.
Tuesday August 26 2008
Indian Stocks Gain  
India's stocks benchmark index rose, erasing earlier losses, after crude oil fell, easing concern that energy costs will stoke inflation.
Tuesday August 26 2008
India to Unveil Economic Growth for Q2  
India will announce the pace of economic growth in the fiscal first quarter ended June as the highest interest rates in seven years cool consumer demand for homes, cars and appliances.
Tuesday August 26 2008
India's Central Bank May Need to Rise Interest Rates  
India's central bank should raise interest rates as inflation at a 16-year high hurts the government's electoral prospects before a vote due by May, according to the finance ministry's top economist.
Monday August 25 2008
Indian Rupee Declines to 17-Month Low  
India's rupee closed at the weakest level in 17 months on speculation importers bought dollars to settle bills.
Monday August 25 2008
India Inflation Accelerates to 16-Year High of 12.63%  
India's inflation accelerated to the fastest pace in more than 16 years, increasing the likelihood the central bank will raise interest rates for a fourth time since June.
Sunday July 27 2008
Inflation in India rises to 11.91%  
Inflation in India escalated to 11.91 per cent, a 13 year high during the week ended in July 5.The Whole Price Index based inflation was as low as 4.46 per cent in January and slowly increased to 5.27 per cent in February, 7.25 per cent in March and 7.41 per cent in April.
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Friday December 15 2017
Week Ahead  
In the US, the most important releases will be the final reading of third quarter GDP growth, personal spending, PCE price index, housing data and durable goods orders. Investors will also be waiting for: UK final estimate of GDP growth, current account and CBI factory orders; Japan interest rate decision and trade balance; Eurozone consumer sentiment and inflation; Germany business and consumer morale.
Friday December 15 2017
US Industrial Production Rises Less than Expected  
US industrial output went up 0.2 percent month-over-month in November of 2017, following an upwardly revised 1.2 percent rise in October which was the highest since May of 2010. Figures came slightly below market expectations of a 0.3 percent gain. Manufacturing production recorded its third consecutive monthly gain and oil and gas extraction returned to normal levels after being held down in October by Hurricane Nate. Excluding the post-hurricane rebound in oil and gas extraction, total industrial production would have been unchanged in November.
Friday December 15 2017
Irish Trade Surplus Narrows in October, Exports Fall  
Irish trade surplus decreased to EUR 3.5 billion in October of 2017 from EUR 4.5 billion in the same month a year earlier. Exports went down 7 percent to EUR 9.5 billion, dragged down by lower sales of organic chemicals and electrical machinery, apparatus and appliances. Imports grew 4 percent to EUR 5.9 billion, mostly boosted by purchases of mineral fuels, namely petroleum.
Friday December 15 2017
Irish Economy Grows 4.2% in Q3  
The Irish economy expanded 4.2 percent on quarter in the three months to September 2017, following an upwardly revised 2.7 percent growth in the previous period and easily beating market expectations of 1.4 percent. It was the strongest pace of expansion in almost a year, boosted by a rebound in household consumption and a positive contribution from net exports.
Friday December 15 2017
Russia Cuts Policy Interest Rate to 7.75%  
The Bank of Russia lowered its benchmark one-week repo rate by half a percentage point to 7.75 percent on December 15th, as inflation continued to fall below its 4 percent target in recent months while the economy is growing at a steady pace. The bank also said it expected to deliver more cuts in the first half of 2018.
Friday December 15 2017
Eurozone October Trade Surplus Smaller than Expected  
The Euro Area trade surplus narrowed to EUR 18.9 billion in October 2017 from EUR 19.2 billion in the same month of the previous year, way below market expectations of EUR 24.6 billion.
Friday December 15 2017
Turkish Jobless Rate Falls to 10.6% in September  
The Turkish jobless rate fell to 10.6 percent in September 2017 from 11.3 percent in the same month of the previous year, as the number of unemployed declined by 104 thousand to 3.419 million.
Friday December 15 2017
Indonesia Trade Surplus Smallest in 4 Months  
Indonesia posted a trade surplus 0.13 billion in November of 2017, compared to a 0.83 USD billion of surplus a year earlier and below market estimates of a 0.92 USD billion surplus. It was the smallest trade surplus since a deficit in July, as, exports rose less than imports.
Thursday December 14 2017
Chile Holds Interest Rate Unchanged for 7th Meeting  
Chile’s central bank kept the benchmark interest rate unchanged at 2.50 percent on 14 December 2017, leaving the rate unchanged for the seventh straight meeting. The outcome matched consensus expectations, and leaves the interest rate at its lowest level since September of 2010. Policymakers underscored that the global outlook remained practically unchanged since the previous meeting. They also mentioned that investment remains subdued, mainly affected by construction activity. Chile's annual consumer price inflation was 1.9 percent in November 2017, unchanged from October.
Thursday December 14 2017
Indonesia Keeps Rates on Hold  
The central bank of Indonesia left its benchmark repo rate unchanged at 4.25 percent on December 14th 2017, in line with market expectations, saying it aims to maintain macroeconomic stability and support the domestic economic recovery. The lending and the deposit facility rates were also left steady at 5 percent and 3.5 percent respectively.
Thursday December 14 2017
US Factory Activity Growth at 11-Month High  
The IHS Manrkit US Manufacturing PMI increased to 55 in December of 2017 from 53.9 in November and beating market expectations. The reading pointed to the fastest expansion in manufacturing since January amid sharper increases in production, new orders and employment.
Thursday December 14 2017
US Retail Sales Rise More than Expected  
Retail sales in the United States increased 0.8 percent month-over-month in November of 2017, following an upwardly revised 0.5 percent rise in October and beating market expectations of 0.3 percent. November was the month of the holiday shopping season, with sales rising for most categories except autos and at general merchandise stores.
Thursday December 14 2017
US Initial Claims Unexpectedly Drop for Fourth Week  
The number of Americans filing for unemployment benefits decreased by 11 thousand to 225 thousand in the week ended December 9th, from the previous week's unrevised level of 236 thousand and below market expectations of 239 thousand. It is the fourth straight week of declines in initial claims, bringing it to the lowest since the week ended October 14th. Claims taking procedures continue to be disrupted in the Virgin Islands and those in Puerto Rico still have not returned to normal.
Thursday December 14 2017
ECB Leaves Monetary Policy Unchanged  
The ECB held its benchmark refinancing rate at 0 percent on December 14th, as expected, and confirmed that from January 2018 the net asset purchases are intended to run at a monthly pace of €30 billion until the end of September next year, or beyond, if necessary. The bank raised its inflation forecast for 2018 to 1.4 percent from 1.2 percent previously estimated on higher oil and food prices. The projections for 2017 and 2019 were maintained at 1.5 percent.
Thursday December 14 2017
BoE Holds Bank Rate at 0.5% as Expected  
The Bank of England voted unanimously to keep the Bank Rate at 0.5 percent on December 14th as widely expected, following a 25bps hike in the previous meeting. The Committee also voted unanimously to keep the stock of UK government bond purchases at £435 billion and the stock of sterling non-financial investment-grade corporate bond purchases at £10 billion.
Thursday December 14 2017
Ireland Inflation Eases to 0.5% in November  
Irish consumer prices increased 0.5 percent year-on-year in November of 2017, easing from 0.6 percent in the previous month. Prices increased less restaurants and hotels and education and continued to fall for food.
Thursday December 14 2017
Portugal Inflation Rate at 6-Month High of 1.5%  
Consumer prices in Portugal increased 1.5 percent year-on-year in November of 2017, following a 1.4 percent rise in October. It is the highest inflation rate since May, mainly due to rising prices for food and fuel.
Thursday December 14 2017
Turkey Hikes Late Liquidity Window Rate to 12.75%  
The Central Bank of Turkey held its benchmark one-week repo rate at 8 percent and raised its late liquidity window rate by a less-than-expected 50bps to 12.75 percent on December 14th, in an attempt to curb rising inflation amid strong economic growth. Annual inflation rate hit a 14-year peak of 12.98 percent last month, way above the central bank's target of 5 percent, and core inflation hit a near record high of 12.08 percent.
Thursday December 14 2017
Italian November Inflation Rate Confirmed at 0.9%  
Consumer prices in Italy increased 1.9 percent year-on-year in November of 2017, easing from a 1 percent gain in the previous month and matching the preliminary estimate. It was the lowest inflation rate since December last year, mainly led by slowing prices of food and restaurants and hotels. Meantime, cost fell slightly more for education.
Thursday December 14 2017
Philippines Holds Interest Rate at 3% as Expected  
The Philippine central bank held its benchmark interest rate at 3.0 percent on December 14th, as widely expected, saying inflation has been within its 2-4 percent inflation target despite robust economic growth. The bank maintained its 2018 inflation forecast at 3.4 percent and the projections for 2017 and 2019 were kept at 3.2 percent.
Thursday December 14 2017
Switzerland Leaves Rates on Hold, Raises Inflation Forecasts  
The Swiss National Bank left its deposit interest rate at a record low of -0.75 percent on December 14th 2017 as widely expected. Policymakers said the franc remains highly valued although the overvaluation continued to decrease. Also, inflation forecasts for both 2017 and 2018 were raised amid higher oil prices and the further weakening of the franc.
Thursday December 14 2017
Spain November Inflation Rate Revised Up to 1.7%  
Consumer prices in Spain increased 1.7 percent year-on-year in November of 2017, compared to a 1.6 percent rise in the prior month and slightly above the preliminary estimate of 1.6 percent. Prices advanced quicker mainly for transport, namely due to fuels cost.
Thursday December 14 2017
French November Inflation Rate Confirmed at 1.2%  
French consumer prices rose by 1.2 percent year-on-year in November of 2017, matching the preliminary estimate and following a 1.1 percent gain in the prior month. It was the highest inflation rate since April, driven by higher prices of energy and tobacco while cost of manufactured goods declined less.
Thursday December 14 2017
India Wholesale Inflation at 8-Month High of 3.93%  
Wholesale prices in India rose by 3.93 percent year-on-year in November of 2017, following a 3.59 percent increase in the prior month and above market estimates of a 3.78 percent gain. It was the highest wholesale inflation since March, mainly due to a faster rise in cost of food and a further increase in cost of fuel.
Thursday December 14 2017
Australia Jobless Rate Holds at 56-Month Low of 5.4%  
Australia's seasonally adjusted unemployment rate came in at 5.4 percent in November of 2017, the same as in the preceding month and in line with market consensus. The jobless rate remained at its lowest since February 2013, as the economy added 61,600 jobs while the number of unemployed increased by 4,100.
Wednesday December 13 2017
Fed Hikes Interest Rates as Expected  
The Federal Reserve raised the target range for the federal funds rate by a quarter point to 1.25-1.5 percent during its December 2017 meeting, saying that the labor market has continued to strengthen and that economic activity has been rising at a solid rate. The central bank has forecast three rate hikes in 2018.
Wednesday December 13 2017
Ghana Inflation Rate Rises to 11.7% in November  
Consumer prices in Ghana increased 11.7 percent year-on-year in November of 2017, following a 11.6 percent rise in the previous month, mainly due to higher prices of housing, transport and clothing and footwear. The country is following a credit program with the International Monetary Fund that targets to shrink the inflation to 8 percent +/- 2 percentage points and restore the fiscal balance in 2018.
Wednesday December 13 2017
US Inflation Rate Rises to 2.2% in November  
US consumer price inflation increased to 2.2 percent year-on-year in November 2017 from 2 percent in the previous month, as widely expected. Energy prices rose at a faster pace while apparel and vehicle costs fell. The Fed is expected to raise interest rates later in the day despite a split among policymakers on the outlook for inflation.
Wednesday December 13 2017
Eurozone Industrial Output Rises Faster than Expected  
Industrial production in the Euro Area increased by 3.7 percent year-on-year in October 2017, beating market expectations of 3.5 percent and following an upwardly revised 3.4 percent gain in the previous month. Output rose at a faster pace for intermediate and non-durable consumer goods. Among Eurozone's largest economies, industrial production grew faster in France, Italy and Spain.
Wednesday December 13 2017
UK Unemployment Rate Holds at Four-Decade Low  
UK unemployment rate stood at a 42-year low of 4.3 percent in the three months to October of 2017, unchanged from the May to July period and slightly above market expectations of 4.2 percent. The number of unemployed continued to fall and that of people in work declined for the second month in a row.
Wednesday December 13 2017
South Africa Inflation Rate Slows to 4.6% in November  
Consumer prices in South Africa increased 4.6 percent year-on-year in November of 2017, easing from a 4.8 percent rise in the previous month and missing market expectations of 4.7 percent. Prices rose at a slower pace for food and non-alcoholic beverages and transport.
Wednesday December 13 2017
German Inflation Rate Confirmed at 1.8% in November  
German consumer prices rose by 1.8 percent year-on-year in November 2017, following a 1.6 percent rise in the prior month and matching the preliminary estimate. Cost of energy and services rose at a faster pace while food inflation slowed.
Wednesday December 13 2017
Singapore Jobless Rate Revised Up to 2.2% In Q3  
Singapore’s seasonally adjusted unemployment rate came in at 2.2 percent in the September quarter of 2017, the same as in the previous three quarters but slightly above the preliminary estimate of 2.1 percent. The jobless rate remained at its highest level since the fourth quarter 2010, as employment continued to decline while there were still more unemployed persons than job vacancies.
Wednesday December 13 2017
South Korea Jobless Rate Edges Up to 3.7% in November  
South Korea’s seasonally adjusted unemployment rate increased slightly to 3.7 percent in November of 2017 from 3.6 percent in the previous month.
Wednesday December 13 2017
US Government Budget Gap Widens Modestly  
The US budget deficit increased to USD 138.5 billion in November 2017 from USD 136.7 billion in the same month of the previous year, above market expectations of USD 134 billion. Both outlays and receipts were the highest on record for a November month.
Tuesday December 12 2017
Russia Trade Surplus Widens 50% in October  
Russia's trade surplus widened by 50 percent to USD 9.83 billion in October 2017 from USD 6.56 billion in the same month a year earlier, but below market expectations of a USD 9.98 billion surplus.
Tuesday December 12 2017
Russia Q3 GDP Growth Confirmed at 1.8%  
Russia's gross domestic product grew by 1.8 percent year-on-year in the third quarter of 2017, unrevised from the preliminary estimate and following a 2.5 percent expansion reported in the previous period.
Tuesday December 12 2017
India Inflation Rate at 15-Month High of 4.88%  
Consumer prices in India increased 4.88 percent year-on-year in November of 2017, higher than 3.58 percent in October and well above market expectations of 4.2 percent. It is the highest inflation rate since August of 2016, mainly due to rises in cost of vegetables and fuel.
Tuesday December 12 2017
UK November Inflation Rate Highest Since Early 2012  
Consumer prices in the United Kingdom rose by 3.1 percent in the year to November 2017, following a 3 percent gain in the previous month and beating market expectations of 3 percent. It was the highest inflation rate since March 2012, mainly due to rising prices of transport, leisure activities, restaurants and hotels, housing and food.
Tuesday December 12 2017
Philippines Trade Deficit Largest on Record in October  
The Philippines posted a trade deficit of USD 2.84 billion in October of 2017, compared to a USD 2.22 billion gap in the same month a year earlier.
Monday December 11 2017
Turkey Q3 GDP Growth Strongest in 6 Years  
The Turkish economy grew 11.1 percent year-on-year in the third quarter of 2017, accelerating sharply from an upwardly revised 5.4 percent expansion in the previous three-month period and beating market expectations of 10 percent. It was the strongest pace of expansion since the third quarter of 2011, boosted by household consumption, fixed investment, exports and government spending.
Saturday December 09 2017
China Inflation Rate Slows to 1.7% in November  
China's consumer prices rose 1.7 percent year-on-year in November of 2017, after a 1.9 percent rise in October and slightly below market consensus of a 1.8 percent gain. The slowdown was mainly due to a further fall in cost of food while cost of non-food continued to increase.
Friday December 08 2017
Tanzania Inflation Rate Lowest Since 2015  
Consumer prices in Tanzania rose 4.4 percent year-on-year in November of 2017, easing from a 5.1 percent increase in October. It was the lowest inflation rate since March of 2015, mainly due to a slower rise in prices of food, namely meat, fish, vegetables, Irish potatoes and cassava.
Friday December 08 2017
Week Ahead  
Next week, the most important event will be the Fed monetary policy decision. The ECB and the Bank of England will also provide an update on their monetary policy. Other key data include: US inflation rate, retail trade, industrial output and flash Markit PMIs; UK inflation and unemployment; flash Markit PMIs for the Eurozone, Germany and France; Japan Tankan business sentiment; and China factory output, retail sales and fixed investment.
Friday December 08 2017
US Consumer Sentiment at 3-Month Low  
The University of Michigan's consumer sentiment for the United States fell to 96.8 in December of 2017 from 98.5 in November, well below market expectations of 99, preliminary estimates showed. It is the lowest reading in three months as consumer expectations fell and inflation expectations went up.
Friday December 08 2017
US Jobless Rate Steady at 4.1% in November  
The US unemployment rate held at 4.1 percent in November of 2017, the same as in October and in line with market expectations. It is the lowest jobless rate since February of 2001. The number of unemployed persons was essentially unchanged at 6.6 million. Over the year, the unemployment rate and the number of unemployed persons were down by 0.5 percentage point and 799,000, respectively.
Friday December 08 2017
US Economy Adds More Jobs than Expected  
Non farm payrolls in the United States increased by 228 thousand in November of 2017, following a downwardly revised 244 thousand in October and beating market expectations of 200 thousand. Employment continued to trend up in professional and business services, manufacturing, and health care. Employment growth has averaged 174,000 per month thus far this year, compared with an average monthly gain of 187,000 in 2016.
Friday December 08 2017
Brazil Inflation Rate Lower than Expected in November  
Consumer prices in Brazil increased 2.8 percent year-on-year in November of 2017, the most since June but below market expectations of 2.88 percent. The inflation rate had been on the upward trend since August when it touched 2.46 percent, the lowest since 1999.
Friday December 08 2017
UK Trade Gap Well Below Expectations in October  
The UK’s deficit on trade in goods and services increased to GBP 1.41 billion in October of 2017 from a downwardly revised GBP 1.14 billion gap in September but way below market expectations of a GBP 3 billion gap. Both exports and imports reached record values although purchases rose at a faster pace, mainly due to unspecified goods (including non-monetary gold) from non-EU countries.
Friday December 08 2017
German Trade Narrows Slightly in October  
German trade surplus fell slightly to EUR 18.9 billion in October 2017 from EUR 19.2 billion in the same month a year earlier, as exports rose by 6.8 percent year-on-year to EUR 108.0 billion while imports went up by 8.3 percent to EUR 89.1 billion.
Friday December 08 2017
China Trade Surplus Beats Estimates in November  
China's trade surplus narrowed to USD 40.21 billion in November 2017 from USD 44.24 billion in the same month a year earlier but above market consensus of USD 35.0 billion. Exports rose 12.3 percent year-on-year to USD 217.37 billion, the most since March; while imports jumped 17.7 percent to USD 177.11 billion.
Friday December 08 2017
Japan Q3 GDP Growth Revised Up to 0.6%  
The Japanese economy advanced 0.6 percent quarter-on-quarter in the September quarter of 2017, stronger than the preliminary estimate of a 0.3 percent expansion and following an upwardly revised 0.7 percent growth in the prior quarter. It was the seventh straight quarter of growth, supported by exports and faster increase in business spending.
Thursday December 07 2017
Mexico Inflation Rate Picks Up to 6.6% in November  
Consumer prices in Mexico rose 6.63 percent year-on-year in November of 2017, following a 6.37 percent gain in the prior month and slightly above market expectations of 6.3 percent. It was the second straight rise in consumer prices, as cost advanced faster for energy, housing and utilities and food. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018. However, this will highly depend on stability of peso during 2018.
Thursday December 07 2017
US Initial Claims Down to 5-Week Low  
The number of Americans filing for unemployment benefits decreased by 2 thousand to 236 thousand in the week ended December 2nd, below market expectations of 240 thousand. It is the third straight week of declines in initial claims, bringing it to the lowest since the last week of October. Claims taking procedures continue to be disrupted in the Virgin Islands and those in Puerto Rico still have not returned to normal.
Thursday December 07 2017
Greek Jobless Rate Lowest Since 2011  
The Greek seasonally adjusted unemployment rate fell to 20.5 percent in September of 2017, following an upwardly revised 20.7 percent in the previous month. It was the lowest jobless rate since October of 2011, as the number of unemployed declined further. Still, Greek unemployment rate remains more than double the Eurozone's average.
Thursday December 07 2017
Eurozone Q3 GDP Growth Confirmed at 0.6%  
The Eurozone economy expanded 0.6 percent on quarter in the three months to September of 2017, in line with the second estimate and following a 0.7 percent advance in the previous period. Growth was mainly boosted by household consumption, fixed investment and exports. Among Eurozone's largest economies, GDP growth eased slightly in France and Spain; and picked up in Germany and Italy.
Thursday December 07 2017
French October Trade Deficit Largest in 3 Months  
French trade deficit widened to EUR 5 billion in October of 2017 from a EUR 4.6 billion in September and beating market expectations of a EUR 4.6 billion gap.
Thursday December 07 2017
Swiss Jobless Rate Rises to 6-Month High of 3.1%  
Swiss unadjusted unemployment rate edged up to 3.1 percent in November of 2017 from 3.0 percent in the prior five months. It was the highest jobless rate since May and in line with market consensus, as the number of unemployed and jobseekers increased.
Thursday December 07 2017
Australia Trade Surplus Smallest in 6 Months  
Australia's trade surplus narrowed 93 percent to AUD 0.1 billion in October of 2017 from a downwardly revised AUD 1.60 billion in the prior month and way below market expectations of AUD 1.4 billion. It was the smallest trade surplus since April, as exports declined by 3 percent from a month earlier to AUD 31.87 billion while imports went up 2 percent to AUD 31.77 billion.
Thursday December 07 2017
Brazil Slashes Key Rate to Record Low  
The Central Bank of Brazil slashed its key Selic rate by 50 basis points to 7.00 percent on December 6th of 2017 following a 75-bps trim on October 25th of 2017. The cut, widely anticipated and unanimous, was the tenth straight, bringing borrowing costs to the lowest in modern history amid plunging inflation and a slow recovery.
Wednesday December 06 2017
Canada Leaves Monetary Policy Steady  
The Bank of Canada held its benchmark overnight rate at 1 percent on December 6th, 2017, in line with market expectations. Policymakers said the current policy stance remains appropriate although higher interest rates will likely be required over time. The Bank Rate is correspondingly 1 1/4 percent and the deposit rate is 3/4 percent.
Wednesday December 06 2017
Swiss Inflation Rate Edges Up to a New 2011 High  
Swiss consumer prices increased 0.8 percent year-on-year in November 2017, up from a 0.7 percent rise in the previous month and slightly below market expectations of a 0.9 percent gain. It was the highest inflation rate since March 2011, mostly driven by a rise in prices of transport and clothing and footwear.
Wednesday December 06 2017
India Leaves Key Rate on Hold at 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on December 6th 2017, in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. However, the central bank showed concerns about inflationary risks, mainly due to higher prices for house rent allowances, food and fuel and raised its inflation forecasts for the second half of the current financial year to between 4.3 and 4.7 percent from the previous 4.2 percent to 4.6 percent. The gross value added growth projection was left unchanged at 6.7 percent. The reverse repo rate was also left on hold at 5.75 percent and the marginal standing facility rate and the Bank Rate at 6.25 percent
Wednesday December 06 2017
Malaysia Trade Surplus Largest in 19 Months  
Malaysia's trade surplus increased to MYR 10.6 billion in October of 2017 from MYR 9.8 billion in the same month of the prior year and beating market estimates of a MYR 8.6 billion surplus.
Wednesday December 06 2017
Australia Q3 GDP Growth Slows to 0.6%  
The Australian economy advanced 0.6 percent in the September quarter of 2017, following an upwardly revised 0.9 percent growth in the previous quarter and slightly below market consensus of a 0.7 percent expansion. Positive contributions from non-dwelling construction and changes in inventories were unable to offset weaker domestic demand and foreign trade.
Tuesday December 05 2017
Russia Inflation Rate Slows to New Record Low in November  
Russia's consumer price inflation declined to 2.5 percent year-on-year in November 2017 from 2.7 percent in the previous month and below market expectations of 2.6 percent. The figure came in well below the central bank's target of 4 percent, hitting the lowest level since the series began in 1991.
Tuesday December 05 2017
US Services Sector Growth Slows from 2005 High  
The ISM Non-Manufacturing PMI index for the United States fell to 57.4 in November of 2017 from 60.1 in October which was the highest reading since August of 2005. Figures came below market expectations of 59. Still, the reading pointed to a strong rise in the non-manufacturing sector and expectations are for continued growth for the remainder of the year.
Tuesday December 05 2017
Canada Trade Gap Narrows in October  
Canada's trade deficit decreased to CAD 1.47 billion in October of 2017 from an upwardly revised CAD 3.36 billion shortfall in the prior month and better than market expectations of a CAD 2.70 billion deficit. Exports were up 2.7 percent on higher sales to the United States, while imports decreased 1.6 percent due to lower purchases of motor vehicles and parts.
Tuesday December 05 2017
US Trade Deficit at 9-Month High  
The US trade deficit widened to USD 48.7 billion in October of 2017 from an upwardly revised USD 44.9 billion gap in September and above market expectations of USD 47.5 billion. It is the highest trade shortfall in nine months as imports jumped 1.6 percent to a record high boosted by purchases of crude oil, food, cellphones and other goods while exports were flat.
Tuesday December 05 2017
Irish Unemployment Rate Falls to 9-1/2-Year Low in November  
Irish seasonally adjusted unemployment rate declined to 6.1 percent in November 2017 from an upwardly revised 6.3 percent in the previous month and compared with 7.5 percent a year earlier. It was the lowest jobless rate since May 2008.
Tuesday December 05 2017
South Africa GDP Growth Slows to 2.0% in Q3  
The South African economy expanded an annualized 2.0 percent on quarter in the three months to September of 2017, easing from a 2.8 percent expansion in the previous quarter and beating market expectations of a 1.5 percent rise. The largest upward contribution in the GDP was the agriculture, forestry and fishing industry, mainly due to higher production of field crops and horticultural products.
Tuesday December 05 2017
South Africa GDP Annual Growth Rate Down to 0.8% in Q3  
The South African economy advanced 0.8 percent year-on-year in the third quarter of 2017, below an upwardly revised 1.3 percent expansion in the previous period which was the highest growth rate in two years. Still, figures matched market expectations. Mining rose faster while agriculture eased and manufacturing shrank for the fourth quarter.
Tuesday December 05 2017
Australia Leaves Monetary Policy Unchanged  
The Reserve Bank of Australia held the cash rate unchanged at a record low of 1.5 percent at its December 2017 meeting, as widely expected. While saying the Australian economy grew at around its trend rate over the year to the September quarter and is expected to average around 3 percent over the next few years, policymakers judged the outlook for household consumption is a continuing source of uncertainty.
Tuesday December 05 2017
Philippines Inflation Rate at 3-Month Low of 3.3% in November  
Consumer prices in the Philippines rose 3.3 percent year-on-year in November of 2017, following a 3.5 percent increase in the previous month and matching market expectations. It was the lowest inflation rate since August, mainly due to a slowdown in cost of food.
Monday December 04 2017
Brazil Trade Surplus Narrows 25.5% YoY in November  
Brazil trade surplus decreased to USD 3.55 billion in November of 2017 from a USD 4.76 billion surplus in the corresponding month a year ago and below market expectations of USD 5.25 billion. Imports jumped 14.7 percent to USD 13.14 billion while exports advanced at a much slower 2.9 percent to USD 16.69 billion, the lowest gain in 11 months.
Monday December 04 2017
Turkish Inflation Rate Jumps to a Near 14-Year High  
Consumer prices in Turkey jumped 12.98 percent year-on-year in November of 2017, accelerating from a 11.90 percent increase in October and easily beating market expectations of 7.50 percent. It was the highest inflation rate since February 2004, as cost went up at a faster pace for food, housing and transportation.
Saturday December 02 2017
Week Ahead  
Next week, the US jobs report for November is the most important event. Elsewhere, China inflation and trade; Australia and South Africa GDP growth and interest rate decisions for India, Australia, Canada and Brazil will also be in the spotlight.
Friday December 01 2017
Kenya Inflation Rate Eases to 4.73%  
Consumer prices in Kenya increased 4.73 percent year-on-year in November of 2017, easing from a 5.72 percent rise in the previous month and below market expectations of 5.5 percent gain. It was the lowest inflation rate since May 2013 amid a slowdown in food cost, mostly due to more favorable weather conditions. Higher prices were recorded for housing utilities, due to rising house rents, electricity and other cooking fuels.
Friday December 01 2017
South Korea Inflation Rate Falls to 11-Month Low  
Consumer prices in South Korea increased 1.3 percent year-on-year in November of 2017, easing from a rise of 1.8 percent in October and below market expectations also of 1.8 percent. It was the lowest inflation rate since December of 2016 amid lower prices of utilities and foods.
Friday December 01 2017
US Factory Activity Growth Slows for 2nd Month: ISM  
The Institute for Supply Management’s Manufacturing PMI in the US fell to 58.2 in November of 2017 from 58.7 in October and below market expectations of 58.4. The reading pointed to the second consecutive month of slowing growth in factory activity after reaching a 13-year high of 60.8 in September. Employment and export orders eased and inventories contracted more.
Friday December 01 2017
US Manufacturing PMI Revised Slightly Up: Markit  
The IHS Markit US Manufacturing PMI was revised marginally higher to 53.9 in November of 2017 from a preliminary reading of 53.8 but remained below 54.6 in October. Output, new orders, employment all rose at a softer pace while signs of capacity pressures persisted, with backlogs of work increasing again. In addition, cost pressures intensified with output inflation reaching the highest since December of 2013. On the other hand, business confidence was the strongest since January of 2016.
Friday December 01 2017
Canada Unemployment Rate Falls to 5.9%, Lowest Since 2008  
The unemployment rate in Canada declined to 5.9 percent in November of 2017 from 6.3 percent in October and well below market expectations of 6.2 percent. It is the lowest jobless rate since February of 2008 as the economy added 80,000 jobs.
Friday December 01 2017
Canada GDP Growth Slows to 0.4% in Q3  
The Canadian economy advanced 0.4 percent on quarter in the three months to September of 2017, following a downwardly revised 1 percent growth in the previous period. It is the weakest expansion since the second quarter of 2016 after work stoppages due to changes to certain models destined for the American market weighed down on exports of motor vehicles.
Friday December 01 2017
Brazil GDP Growth Strongest in 3 Years  
The Brazilian economy expanded 1.4 percent year-on-year in the third quarter of 2017, following an upwardly revised 0.4 percent rise in the previous quarter and better than forecasts of 1.3 percent. It is the fastest growth rate since the first quarter of 2014, boosted by a jump in household spending and exports.
Friday December 01 2017
Brazil GDP Grows a Meager 0.1% in Q3  
The Brazilian economy advanced 0.1 percent on quarter in the third quarter of 2017, following an upwardly revised 0.7 percent growth in the previous period and below market expectations of 0.3 percent. It is the smallest expansion in three quarters after a 2-year recession.
Friday December 01 2017
Italy GDP Growth Revised Down to 0.4% in Q3  
The Italian economy expanded 0.4 percent on quarter in the three months to September of 2017, below a preliminary estimate of 0.5 percent but above a 0.3 percent growth in the previous period. Gross fixed investment made the largest contribution to growth, followed by household consumption and net trade.
Friday December 01 2017
Japan Jobless Rate Steady at 2.8% for 5th Month  
The unemployment rate in Japan stood at 2.8 percent in October of 2017, the same as in the prior four months. The figure was in line with market consensus and remained at its lowest in 23 years. Meanwhile, the jobs-to-applicants ratio was at 1.55, up from 1.52 in the previous month while market expected 1.53. It was the highest level since January 1974.
Friday December 01 2017
South Korea Trade Surplus Narrows 3.7% in November  
South Korea’s trade surplus narrowed to USD 7.8 billion in November of 2017 from USD 8.1 billion in the same month of the previous year, as exports rose less than imports, preliminary data showed.
Friday December 01 2017
Japan Inflation Rate at 7-Month Low of 0.2% in October  
Consumer prices in Japan rose 0.2 percent year-on-year in October of 2017, following a 0.7 percent increase in the prior two months and matching market consensus. It was the lowest inflation rate since March, as cost of transport was flat while prices of food fell for the first time since June 2013 and cost of housing continued to decline.
Thursday November 30 2017
South Korea 3Q GDP Growth Revised Up to 3.8% YoY  
The South Korean economy expanded 3.8 percent year-on-year in the third quarter of 2017 according to the revised estimate, up from the 3.6 percent preliminary figure; comfortably surpassing the 2.7 percent expansion in Q2; and above the 3.6 percent print expected by consensus. It is the higher growth pace since March of 2014. Faster GDP expansion was explained by further growth in manufacturing and services, more than offsetting slower expansion in construction and utilities.
Thursday November 30 2017
South Korea GDP Growth at 7-Year High of 1.5%  
The South Korean economy expanded 1.5 percent on quarter in the three months to September of 2017, 10 basis points higher than the advance estimate and market expectations of 1.4 percent. It is the highest growth rate since the second quarter of 2010, mainly due to rebounds in manufacturing and construction. Meanwhile, services grew further in the third quarter. In contrast, utilities lost steam and primary activity plunged the most since the second quarter of 2015, revised figures showed.
Thursday November 30 2017
South Africa Trade Surplus Widens Slightly in October  
South Africa trade surplus increased to ZAR 4.56 billion in October of 2017 from an upwardly revised ZAR 4.48 billion surplus in September, and above market expectations of a ZAR 1.00 billion deficit. Exports increased 2.2 percent and imports went up 2.3 percent. Considering the January to October period, exports increased 6.6 percent and imports decreased 0.2 percent, shifting the country's trade balance into a ZAR 51.62 billion surplus from a ZAR 9.9 billion gap in the same period of 2016.
Thursday November 30 2017
US Personal Spending Rises 0.3% in October  
Personal consumption expenditures in the US rose 0.3 percent month-over-month in October 2017, easing from a downwardly revised 0.9 percent increase in September and matching market expectations. The so-called real consumer spending edged up 0.1 percent in October after increasing 0.5 percent in September.
Thursday November 30 2017
Canada Current Account Deficit Widens in Q3  
Canada's current account deficit widened by CAD 3.8 billion to CAD 19.3 billion in the third quarter of 2017, slightly below market expectations of a CAD 19.5 billion shortfall. The goods deficit widened for the third quarter in a row, hitting a CAD 8.9 billion, the second highest gap on record.
Thursday November 30 2017
US Jobless Claims Fall for Second Straight Week  
The number of Americans filing for unemployment benefits decreased by 2 thousand to 238 thousand in the week ended November 25th from the previous week's revised level of 240 thousand and below market expectations of 240 thousand. It is the second straight week of declines in initial claims. Claims taking procedures continue to be disrupted in the Virgin Islands.
Thursday November 30 2017
India GDP Growth Below Expectations in Q3  
The Indian economy expanded 6.3 percent yoy in Q3, above a 5.7 percent in Q2 which was the lowest in nearly 3 years, but below expectations of a 6.4 percent. A rebound in investment and inventories offset a slowdown in both private and public spending.
Thursday November 30 2017
Portuguese Q3 GDP Growth Confirmed at 0.5%  
The Portuguese economy advanced 0.5 percent on quarter in the three months to September 2017, unrevised from the preliminary estimate and following a 0.3 percent expansion in the previous period. Household consumption was the main driver of growth while fixed investment contracted and net external demand contributed negatively.
Thursday November 30 2017
Brazil Jobless Rate At 9 Month Low of 12.2%  
The unemployment rate in Brazil fell to 12.2 percent in the three months to October of 2017 compared to 12.4 percent in the previous period and matching market expectations. After touching a record high of 13.7 percent in March, the jobless rate has been steady falling mostly due to rise in informal employment.
Thursday November 30 2017
Polish GDP Growth Revised Up to 1.2% in Q3  
The Polish economy expanded 1.2 percent on quarter in the three months to September of 2017, above the preliminary estimate of a 1.1 percent growth and a 0.9 percent gain in the second quarter. It was the strongest growth since the last quarter of 2016, mainly boosted by robust household consumption and rising investment and exports.
Thursday November 30 2017
Italy November Inflation Rate at Near 1-Year Low of 0.9%  
Consumer prices in Italy are expected to increase 0.9 percent year-on-year in November of 2017, compared to a 1 percent gain in the previous month and below market expectations of a 1.1 percent rise. It was the lowest inflation rate since December last year. Prices advanced less for food, restaurants and hotels and miscellaneous goods and services while declined slightly further for education.
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