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
Please Paste this Code in your Website
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



India Trade Last Previous Highest Lowest Unit
Balance of Trade -11643.96 -11449.80 258.90 -20210.90 USD Million [+]
Exports 23818.83 22543.80 30541.44 59.01 USD Million [+]
Imports 35462.79 33993.60 45281.90 117.40 USD Million [+]
Current Account -14300.00 -3432.97 7360.00 -31857.18 USD Million [+]
Current Account to GDP -0.70 -1.06 2.28 -4.80 percent [+]
External Debt 471852.00 456100.00 485035.00 96392.00 USD Million [+]
Terms of Trade 71.80 57.90 100.00 57.90 Index Points [+]
Capital Flows 8.42 23.54 766.97 -271.47 USD Million [+]
Foreign Direct Investment 3409.00 2544.00 5670.00 -60.00 USD Million [+]
Remittances 10097.59 9533.93 12293.40 5999.10 USD Million [+]
Tourist Arrivals 788000.00 670000.00 1037000.00 129286.00 [+]
Gold Reserves 557.77 557.77 557.77 357.75 Tonnes [+]
Crude Oil Production 744.00 745.00 813.48 526.00 BBL/D/1K [+]
Terrorism Index 7.48 7.75 8.09 7.22 [+]
Weapons Sales 42.00 42.00 42.00 0.00 USD Million [+]

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



India 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 September 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 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.
MORE RELATED NEWS

LATEST NEWS

Friday September 22 2017
Week Ahead  
Next week the most important data for the US include the final estimate for GDP growth; PCE inflation, personal income and spending, durable goods and new home sales. Investors will be also looking for updated UK GDP figures; inflation for the Euro Area, Germany, France and Italy; Japan inflation and unemployment and China PMIs. The result of the German federal election will also be on the spotlight.
Friday September 22 2017
Indonesia Cuts Key Rate to 4.25%  
The central bank of Indonesia unexpectedly cut its key repo rate by 25bps to 4.25 percent on September 22nd 2017, following a similar 25bps cut in the previous meeting. The move aimed to strengthen banking intermediary function and support economic growth. Policymakers said current policy stance is sufficient to achieve inflation and macroeconomic targets, suggesting further loosening is unlikely in the near future. The lending and the deposit facility rates were also lowered by 25bps each to 5 percent and 3.5 percent respectively.
Friday September 22 2017
US Factory Activity Continues to Improve in September  
The IHS Markit US Manufacturing PMI edged up to 53 in September from 52.8 in August, matching expectations, flash estimates showed. Job creation was the strongest so far this year while output growth was steady at August's 14-month low, new orders slowed and input price inflation accelerated.
Friday September 22 2017
Canada Inflation Rate Rises to 1.4%, Below Forecasts  
Consumer prices in Canada increased 1.4 percent year-on-year in August of 2017, following a 1.2 percent rise in July and below market expectations of 1.5 percent. It is the highest inflation rate in four months, mainly due to rising gasoline and homeowners' replacement costs.
Friday September 22 2017
Spain Trade Gap Widens Sharply in July  
Spain's trade deficit increased to EUR 2.10 billion in July of 2017 from EUR 0.56 billion in the corresponding month a year earlier. Exports increased 3.9 percent year-on-year to EUR 22.19 billion while imports rose at a faster 10.8 percent to EUR 24.29 billion. Considering the January to July period, the trade deficit jumped 56.3 percent to EUR 13.19 billion, as imports grew quicker than exports.
Friday September 22 2017
French Q2 GDP Growth Matches Estimates  
The French economy advanced 0.5 percent quarter-on-quarter in the June quarter of 2017, the same pace as in the previous two quarters and in line with the second estimates, final figures showed. It was the fourth straight quarter of expansion, driven by household consumption, government spending and exports while fixed investment rose at a slower pace.
Thursday September 21 2017
South Africa Leaves Key Rate at 6.75%  
The South African Reserve Bank unexpectedly left is benchmark repo rate steady at 6.75 percent on September 21st 2017, following a 25bps cut in July, mentioning economic uncertainties. Markets were expecting a 25bps cut. However, policymakers left the door open for further loosening in November, saying it would be appropriate to reassess the data and the balance of risks at the next meeting.
Thursday September 21 2017
US Jobless Claims at 3-Week Low  
Initial jobless claims in the US unexpectedly fell by 23K to 259K in latest week, well below expectations of 300K. The numbers continued to be influenced by Hurricanes as unadjusted claims rose in Florida but declined in Texas. Meanwhile, the 4-week moving average increased by 6K to 268.750K, the highest since June of 2016.
Thursday September 21 2017
Hong Kong Inflation Rate Slows to 1.9% in August  
Consumer prices in Hong Kong increased 1.9 percent year-on-year in August of 2017, easing from 2 percent in the previous month. Prices advanced at a softer pace for food and transport while rose faster for housing and miscellaneous services.
Thursday September 21 2017
Philippines Keeps Key Rate Unchanged  
The central bank of Philippines left its key overnight borrowing rate at 3 percent on September 21st, as widely expected, arguing that inflation expectations remain firmly close to the midpoint of the Government’s 3 percent ± 1 percentage point target over the policy horizon. Policymakers also underscored that latest forecasts show future inflation path will continue to be within the target range for 2017-2019.
Thursday September 21 2017
Swiss Trade Surplus Smallest in 4 Months  
Swiss trade surplus narrowed 23.9 percent to CHF 2.17 billion in August 2017 from CHF 2.85 billion a year earlier and below market expectations of CHF 2.41 billion. It was the smallest trade surplus since April, as exports rose less than imports.
Thursday September 21 2017
BoJ Leaves Monetary Policy Unchanged  
The Bank of Japan left its key short-term interest rate unchanged at -0.1 percent at its September 2017 meeting, hours after the Federal Reserve announced a plan to begin selling some of the assets on its balance sheet beginning in October. Policymakers also kept its 10-years government bond yield target around zero percent and maintained its upbeat view on private consumption and overseas economies.
Thursday September 21 2017
New Zealand Economy Boosted by Services in Q2  
The New Zealand economy advanced 0.8 percent on quarter in the second quarter of 2017, gaining steam after an upwardly revised 0.6 percent expansion in the previous and matching expectations. The expansion was boosted by services and manufacturing while construction and mining contracted.
Wednesday September 20 2017
Fed To Start Reducing Balance Sheet in October  
The Federal Reserve left the target range for its federal funds rate unchanged at 1 percent to 1.25 percent during its September 2017 meeting as widely expected. Policymakers kept forecasts for another rate hike this year and expect a higher GDP growth while core PCE inflation is seen lower. In addition, the central bank announced it will begin reducing its $4.5 trillion balance sheet in October.
Wednesday September 20 2017
South Africa Inflation Rate Edges Up to 4.8% in August  
Inflation rate in South Africa increased to 4.8 percent from 4.6 percent in July which was the lowest since September of 2015 but below market expectations of 4.9 percent. Transport prices rose faster while food cost increased the least since November of 2015. Also core inflation fell to 4.6 percent, the lowest in five years.
Wednesday September 20 2017
Malaysia Inflation Rate at 3-Month High of 3.7% in August  
Consumer prices in Malaysia rose 3.7 percent from a year earlier in August of 2017, compared to a 3.2 percent rise in the prior month. It was the highest inflation rate since May, as cost went up more for food & non-alcoholic beverages, transport, and housing.
Wednesday September 20 2017
Japan Trade Balance Swings to Surplus in August  
Japan's trade balance swung to a JPY 113.64 billion surplus in August of 2017 from JPY 34.62 billion deficit in the same month a year earlier and above market consensus of a surplus of JPY 93.9 billion. Exports rose 18.1 percent from a year earlier to JPY 6,278 billion while imports increased by 15.2 percent to JPY 6,164.4 billion.
Tuesday September 19 2017
Russia Jobless Rate Drops Unexpectedly to 2-Year Low  
Russian unemployment rate fell to 4.9 percent in August 2017 from 5.2 percent in the same month of the previous year and below market expectations of 5.1 percent. It was the lowest jobless rate since August 2014.
Tuesday September 19 2017
US Housing Starts Fall for 2nd Month  
Housing starts in the United States fell 0.8 percent from the previous month to a seasonally adjusted annualized rate of 1180 thousand in August of 2017, following an upwardly revised 1190 thousand in the previous month and compared to market expectations of a 1.7 percent rise. Starts declined in the Northeast and the South.
Monday September 18 2017
UK Interest Rates Likely to Rise Over Coming Months  
The withdrawal of monetary stimulus is likely to be appropriate over the coming months, if the economy and price pressures keep growing, Bank of England Governor Mark Carney said in a speech at the IMF on Monday. Still, there are considerable risks to the UK outlook, which include the response of households, businesses and financial markets to developments related to the process of EU withdrawal, he added.
Monday September 18 2017
Kenya Maintains Key Rate at 10%  
The central bank of Kenya kept its benchmark interest rate unchanged at 10 percent for the thirteenth consecutive meeting on September 18th, 2017, as widely expected. Policymakers said the decision aims to continue to anchor inflation expectations in the context of general macroeconomic stability, a prolonged election period and continuous uncertainties in the global economy.
Monday September 18 2017
Eurozone August Inflation Rate Confirmed at 4-Month High  
Consumer prices in the Euro Area increased by 1.5 percent year-on-year in August 2017, in line with the preliminary estimate and following a 1.3 percent gain in the previous month. It was the highest inflation rate since April, boosted by a jump in energy prices.
Monday September 18 2017
Hong Kong Jobless Rate Steady For 3rd Month  
The seasonally adjusted unemployment rate in Hong Kong stood at 3.1 percent in the three month to August of 2017, unchanged from the previous two periods. It remains the lowest jobless rate since February of 2014. The underemployment rate also remained unchanged at 1.1 percent, the lowest level in almost two decades.
Monday September 18 2017
Italy Trade Surplus Narrows Less than Expected in July  
Italy's trade surplus narrowed to EUR 6.56 billion in July 2017 from EUR 7.80 billion in the same month of the previous year but better than market expectations of EUR 3.89 billion.
Sunday September 17 2017
Week Ahead  
Next week the most important events will be US Federal Reserve and Bank of Japan policy meetings and UK Prime Minister May speech on Brexit in Florence. Other key data include US flash PMIs, housing statistics and current account; UK retail trade and CBI factory orders; the Eurozone flash PMIs, consumer sentiment and inflation; and China house prices.
Friday September 15 2017
US Consumer Sentiment Falls Less Than Expected  
The University of Michigan's consumer sentiment for the United States fell to 95.3 in September of 2017 from 96.8 in August but slightly above market expectations of 95.1. It is the lowest reading in three months, as hurricanes Irma and Harvey heavy impacted gauge if consumer expectations.
Friday September 15 2017
US Industrial Production Drops the Most in 8 Years  
Industrial output in the US shrank 0.9 percent month-over-month in August of 2017, following an upwardly revised 0.4 percent gain in July and missing market expectations of a 0.1 percent increase. It is the first drop in industrial output since January and the biggest since May 2009 as Hurricane Harvey, which hit the Gulf Coast of Texas in late August, is estimated to have reduced the rate of change in total output by roughly 3/4 percentage point.
Friday September 15 2017
US Retail Sales Unexpectedly Shrink in August  
Retail sales in the United States fell 0.2 percent month-over-month in August of 2017, missing market expectations of a 0.1 percent rise and following a downwardly revised 0.3 percent gain in July instead of the initially reported 0.6 percent jump. It is the biggest drop in retail sales since February as auto sales declined 1.6 percent, most likely due to Hurricane Harvey. Excluding autos, retail sales increased 0.2 percent.
Friday September 15 2017
Nigeria Inflation Rate Falls Slightly to 16.01% in August  
Consumer Prices in Nigeria increased 16.01 percent year-on-year in August of 2017, following a 16.05 percent rise in July and in line with market expectations of 16 percent. It is the seventh consecutive decline in inflation and a new low since May of 2016. The highest increases were seen in prices of clothing materials and articles of clothing, garments, passenger transport by air, motorcycles, shoes and other footwear. On the other hand, food inflation edged down to 20.25 percent from 20.28 percent in July which was the highest since the new CPI series began in 2009.
Friday September 15 2017
Russia Cuts Key Interest Rate to 8.5%  
The Bank of Russia lowered its benchmark one-week repo rate by 50bps to 8.5 percent on September 15th, as widely expected, due to a quicker-than-expected slowdown in inflation. Policymakers also said that there is still room for further rate cuts over the next two quarters.
Friday September 15 2017
Ireland Trade Surplus Widens in July, as Imports Fall Faster  
Irish trade surplus increased to EUR 4.0 billion in July of 2017 from EUR 3.7 billion in the same month of the previous year. Exports fell 4 percent year-on-year to EUR 8.9 billion, mainly due to a decrease in sales of organic chemicals as well electrical machinery, apparatus and appliances. Meanwhile, imports declined at a faster 12 percent to EUR 5 billion, dragged down by lower purchases of chemicals and related products.
Friday September 15 2017
Irish Economy Grows 1.4% in Q2  
The Irish economy expanded 1.4 percent on quarter in the three months to June 2017, rebounding from an upwardly revised 3.5 percent contraction in the previous period and in line with market expectations. Fixed investment and government spending were the main drivers of growth, while household consumption shrank for the first time in four years and net exports contributed negatively.
Friday September 15 2017
Eurozone Trade Surplus Narrows Less than Expected  
The Euro Area trade surplus narrowed to EUR 23.2 billion in July 2017 from EUR 24.8 billion in the corresponding month of the previous year. Still, the reading came in above market expectations of EUR 21.4 billion.
Friday September 15 2017
Turkey Jobless Rate Steady at 10.2%  
The unemployment rate in Turkey was unchanged at 10.2 percent in June of 2017, the same as in July of 2016. Non-farm unemployment was also steady at 12.2 percent. Among those aged 15 to 24 years old, the jobless rate increased to 20.6 percent from 19.4 percent.
Friday September 15 2017
Indonesia Trade Surplus Largest in Near 6 Years  
Indonesia recorded a trade surplus 1.72 billion in August of 2017, compared to a 0.37 USD billion of surplus a year earlier and above market estimates of a 0.52 USD billion surplus. It was the largest surplus in trade balance since November 2011, as exports jumped 19.24 percent from a year earlier to 15.21 USD billion while imports went up 8.89 percent to 13.49 USD billion.
Friday September 15 2017
Chile Key Rate Kept On Hold for 4th Straight Meeting  
Chile’s central bank kept the benchmark interest rate unchanged at 2.50 percent in September 14th of 2017, leaving the rate unchanged for the fourth straight meeting. The outcome matched consensus expectations, and leaves the interest rate standing at its lowest level since September of 2010. Policymakers underscored that economic conditions improved since the last meeting, with copper prices climbing over the last months despite a recent downturn. Members of the board did not adopt an explicit bias on this occasion. Chile's consumer prices increased 1.9 percent year-on-year in August of 2017, above 1.7 percent in the previous month. It was the highest inflation rate since May.
Thursday September 14 2017
Ghana Inflation Rate Rises to 12.3% in August  
The inflation rate in Ghana increased to 12.3 percent in August of 2017 from 11.9 percent in July. It is the highest increase in inflation rate since March of 2016, mainly due to a base drift effect compared to the index a year ago and higher petroleum prices. In addition, the government recently introduced a 3 percent flat VAT, replacing the 17.5 percent rate, thus increasing prices of several items, mainly imported ones.
Thursday September 14 2017
US Jobless Claims Unexpectedly Drop in Latest Week  
The number of Americans filing for unemployment benefits unexpectedly fell by 14 thousand to 284 thousand in the week ended September 9th, well below market expectations of 300 thousand.
Thursday September 14 2017
US Inflation Rate at 3-Month High of 1.9%  
Consumer prices in the US increased 1.9 percent year-on-year in August of 2017, above 1.7 percent in July and market expectations of 1.8 percent. It is the highest reading in three months, due to rising shelter and gasoline cost as Hurricane Harvey shut down refineries in the Gulf coast. The monthly rate went up to 0.4 percent, the highest since January and above forecasts of 0.3 percent.
Thursday September 14 2017
Turkey Keeps Rates Steady in September  
The Central Bank of Turkey held its benchmark one-week repo rate at 8 percent on September 14th as widely expected. Policymakers said the economic recovery has gained strength boosted by domestic and external demand from the EU countries while high inflation continues to pose risks. As a result, a tight stance in monetary policy will be maintained until the inflation outlook improves significantly.
Thursday September 14 2017
BoE Set to Raise Rates  
The Bank of England voted by seven to two to keep the Bank Rate at a record low of 0.25 percent on September 14th, 2017, as widely expected, saying estimates of private final demand were softer than anticipated and underlying pay growth has shown some signs of recovery, albeit remaining modest. Still, policymakers agreed that some withdrawal of monetary stimulus is likely to be appropriate over the coming months if the economy continues to grow and underlying inflationary pressures persist.
Thursday September 14 2017
Italian Inflation Rate Confirmed at 1.2% in August  
Italy's consumer prices increased 1.2 percent year-on-year in August of 2017, compared to a 1.1 percent rise in the previous month and matching preliminary estimates, final figures showed. The annual Inflation rate accelerated mainly due to rising prices of transport.
Thursday September 14 2017
Switzerland Leaves Rates on Hold, Cuts Growth Forecasts  
The Swiss National Bank left its deposit interest rate at a record low of -0.75 percent on September 14th 2017 as widely expected, aiming to stabilize the inflation and support growth. Policymakers also noticed that the Swiss franc recent weakness against the euro and appreciation against the dollar has helped to reduce the overvaluation of the currency although it still remains highly valued. Growth forecasts for 2017 were lowered to under 1 percent from near 1.5 percent while inflation is seen slightly higher at 0.4 percent from 0.3 percent.
Thursday September 14 2017
French August Inflation Rate Confirmed at 0.9%  
French annual inflation came in at 0.9 percent in August 2017, unrevised from the preliminary estimate and compared with 0.7 percent in the previous month. It was the highest inflation rate since April, mainly due to a surge in energy prices.
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.
Thursday September 14 2017
Singapore Q2 Jobless Rate Confirmed At 6-1/2-Year High  
Singapore’s seasonally adjusted unemployment rate stood at 2.2 percent in the June quarter of 2017, in line with the preliminary estimate and the same as in the prior two quarters. The jobless rate remained at its highest level since the fourth quarter 2010, as employment continued to decline.
Thursday September 14 2017
Australia Jobless Rate Steady at 5.6% in August  
Australia's seasonally adjusted unemployment rate stood at 5.6 percent in August of 2017, the same as in a month earlier and matching market estimates. The economy added 54,200 jobs while the number of unemployed decreased by 1,100.
Wednesday September 13 2017
US August Budget Deficit Smaller than Expected  
The US government posted a USD 108 billion budget deficit in August 2017, compared with a USD 107 billion gap in the same month of the previous year and below market expectations of a USD 119.5 billion deficit.
Wednesday September 13 2017
Eurozone Industrial Output Rises Less Than Expected  
Industrial production in the Euro Area increased by 3.2 percent year-on-year in July 2017, missing market expectations of 3.4 percent and following an upwardly revised 2.8 percent gain in June. Output rose at a faster pace for intermediate, capital and durable consumer goods.
Wednesday September 13 2017
UK Unemployment Rate Drops to Lowest Since 1975  
UK unemployment rate declined to 4.3 percent in the three months to July of 2017 from 4.6 percent in the February to April period and below market expectations of 4.4 percent. It was the lowest jobless rate since the three months to May of 1975, as the number of unemployed continued to fall.
Wednesday September 13 2017
Spain Inflation Rate Confirmed at 3-Month High of 1.6%  
Consumer prices in Spain increased 1.6 percent year-on-year in August of 2017, following a 1.5 percent rise in the previous month and in line with the preliminary estimate. It is the highest inflation rate in three months, mainly due to rising transport prices, namely fuel.
Wednesday September 13 2017
Swedish Q2 GDP Growth Revised Down to 1.3%  
The Swedish economy advanced 1.3 percent on quarter in the three months to June 2017, below the preliminary estimate of 1.7 percent and following a 0.6 growth in the previous period, final figures showed. It was the strongest pace of expansion since the last quarter of 2015, mainly boosted by net exports and government spending.
Wednesday September 13 2017
German August Inflation Rate Confirmed at 1.8%  
German consumer prices rose by 1.8 percent year-on-year in August of 2017, matching the preliminary estimate and following a 1.7 percent gain in the previous month. It was the highest inflation rate since April, as cost of energy and food went up at a faster pace.
Wednesday September 13 2017
South Korea Jobless Rate Rises to 3.8% in August  
South Korea’s seasonally adjusted unemployment rate increased to 3.8 percent in August of 2017 from 3.6 percent in the previous month, outpacing consensus expectations of 3.7 percent.
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).
Tuesday September 12 2017
Portugal Inflation Rate Rises to 1.1%  
Consumer prices in Portugal increased 1.1 percent year-on-year in August of 2017, above 0.9 percent in July and reaching the highest in three months. A rise in transport prices was the main driver of the increase in the CPI. Core inflation which excludes food and energy increased to 1.3 percent from 1 percent in July.
Tuesday September 12 2017
UK August Inflation Rate Higher than Expected  
Consumer prices in the United Kingdom rose by 2.9 percent in the year to August 2017, beating market expectations of 2.8 percent and following a 2.6 percent gain in the previous month. Rising prices for clothing and motor fuels were the main contributors to the increase.
Tuesday September 12 2017
Philippines Trade Gap Smallest in 17 Months  
The Philippines posted a trade deficit of USD 1.65 billion in July of 2017, compared to a USD 2.37 billion gap in the same month a year earlier. It was the smallest trade deficit since February 2016, as exports rose while imports fell.
Monday September 11 2017
Russia Q2 GDP Growth Rate Confirmed at Near 5-Year High  
Russia's gross domestic product advanced 2.5 percent year-on-year in the second quarter of 2017, unrevised from the preliminary estimate and following a 0.5 percent growth in the previous period, final figures showed. It was the strongest pace of expansion since the third quarter of 2012, as output grew firmly for wholesale and retail trade, mining, manufacturing and construction.
Monday September 11 2017
Russia July Trade Surplus Smallest in Nearly 14 Years  
Russia's trade surplus narrowed by 36.3 percent to USD 3.97 billion in July 2017 from USD 6.24 billion in the same month a year earlier and way below market expectations of a USD 7.2 billion surplus. It was the smallest trade surplus since April 2003.
Monday September 11 2017
Turkey GDP Growth Below Expectations in Q2  
The Turkish economy advanced 5.1 percent year-on-year in the second quarter of 2017, easing slightly from an upwardly revised 5.2 percent expansion in the previous three months and below market expectations of 5.3 percent. Household consumption and exports slowed and public spending declined. The 2016 growth was revised up to 3.2 percent from 2.9 percent.
Sunday September 10 2017
China Inflation Rate at 7-Month High of 1.8% in August  
China's consumer prices rose 1.8 percent year-on-year in August of 2017, following a 1.4 percent rise in July while market expected a 1.6 percent gain. It was the highest inflation rate since January, as cost of non-food rose at a faster pace and cost of food fell much less than in a month earlier.
Friday September 08 2017
Week Ahead  
In the US, the most important events will be inflation rate, retail trade, industrial production and the preliminary reading of Michigan consumer sentiment. Elsewhere, the BoE will announce its interest rate decision; the UK will release inflation, unemployment and wage growth; the Eurozone industrial production; China industrial output, retail trade, fixed asset investment; and India inflation rate and industrial production.
Friday September 08 2017
Tanzania Inflation Rate at 8-Month Low of 5%  
Consumer prices in Tanzania increased 5 percent year-on-year in August of 2017, following a 5.3 percent rise in July. It is the lowest inflation rate so far this year amid a slowdown in food and commodities prices.
Friday September 08 2017
Canada Jobless Rate Drops to New 2008 Low of 6.2%  
The unemployment rate in Canada fell to 6.2 percent in August of 2017 from 6.3 percent in July, beating market expectations of 6.3 percent. It reached a new low since October of 2008, the month prior to the 2008-2009 labour-market downturn. The economy added 22 thousand jobs, as more people were working in finance, insurance, real estate, rental and leasing as well as in transportation and warehousing.
Friday September 08 2017
UK Trade Deficit Unchanged in July  
The UK’s deficit on trade in goods and services was almost unchanged at GBP 2.87 billion in July 2017, compared with a downwardly revised GBP 2.91 billion gap in June.
Friday September 08 2017
German Trade Surplus Widens Slightly in July  
German trade surplus increased slightly to EUR 19.5 billion in July 2017 from EUR 19.1 billion in the same month a year earlier, as exports rose by 8.0 percent year-on-year to EUR 103.7 billion while imports went up 9.4 percent to EUR 84.2 billion.
Friday September 08 2017
Swiss Jobless Rate Steady at 3.0% for 3rd Month  
Swiss unadjusted unemployment rate stood at 3.0 percent in August of 2017, the same as in the prior two months. The figure remained at its lowest since October 2014 and in line with market consensus.
Friday September 08 2017
China Trade Surplus Smallest in 3 Months in August  
China's trade surplus fell to USD 41.99 billion in August of 2017 from USD 50.23 billion in the same month a year earlier and below market consensus of USD 48.60 billion. It was the smallest trade surplus since May, as exports rose less than imports.
Friday September 08 2017
Japan Q2 GDP Growth Revised Down to 0.6%  
The Japanese economy advanced 0.6 percent quarter-on-quarter in the June quarter of 2017, below preliminary estimates of a 1.0 percent expansion. Business spending grew much slower than expected and private consumption rose slightly less than anticipated.
Thursday September 07 2017
Mexico Inflation Rate Hits Highest Level in Over 16 Years  
Consumer prices in Mexico jumped 6.66 percent year-on-year in August of 2017, following a 6.44 percent rise in July and matching market expectations. The inflation rate accelerated for the fourteenth consecutive month to hit the highest level since May of 2001, led by higher prices of food, housing & utilities, energy and education. On a monthly basis, consumer prices rose 0.49 percent. The central bank expects inflation to stay above the 3-4 percent target in 2017 and to converge to 3 percent by the end of 2018.
Thursday September 07 2017
US Initial Claims at Over 2-Year High  
The number of Americans filing for unemployment benefits increased by 62 thousand to 298 thousand in the week ended September 2nd, well above market expectations of 241 thousand. It is the highest value since the week ended April 18th 2015, due to the impact of Hurricane Harvey.
Thursday September 07 2017
ECB Leaves Monetary Policy Unchanged  
The ECB held its benchmark refinancing rate at 0 percent on September 7th, and confirmed the net asset purchases are intended to run at the current monthly pace of €60 billion until the end of December 2017, saying that a very substantial degree of monetary accommodation was still needed to support inflation. However, President Draghi said discussions on tapering QE will likely start this autumn, despite the euro being a source of uncertainty for inflation.
Thursday September 07 2017
Irish Inflation Rate Rises to 4-Month High in August  
Irish consumer prices increased by 0.4 percent in the year to August 2017, recovering from a 0.2 percent fall in the previous month. It was the highest inflation rate since April, mainly boosted by rising prices of housing and utilities, restaurants and hotels, and transport.
Thursday September 07 2017
Greek Jobless Rate Falls to a Fresh 5-1/2-Year Low of 21.2%  
The Greek seasonally adjusted unemployment rate dropped to 21.2 percent in June 2017 from a downwardly revised 21.5 percent in the previous month and compared with 23.5 percent in June 2016. It is the lowest jobless rate since December 2011, as the number of unemployed declined by 1.3 percent to 1.02 million from the previous month and employment rose by 0.4 percent to 3.78 million. Still, Greek unemployment rate remains more than double the Eurozone's average.
Thursday September 07 2017
Eurozone Q2 GDP Growth Rate Confirmed at 0.6%  
The Eurozone economy expanded 0.6 percent on quarter in the three months to June of 2017, in line with the second estimate and following a 0.5 percent advance in the previous period. Growth was mainly boosted by household consumption, fixed investment and exports. Among Eurozone's largest economies, GDP growth picked up in Spain; was unchanged in France and Italy; and slowed in Germany.
Thursday September 07 2017
French July Trade Deficit Largest in 5 Months  
French trade deficit widened to EUR 6.0 billion in July of 2017 from an upwardly revised EUR 4.9 billion in June and above market expectations of a EUR 4.5 billion gap.
Thursday September 07 2017
Sweden Holds Repo Rate at -0.5%  
The central bank of Sweden held its benchmark interest rate at -0.5 percent on September 7th, 2017, as widely expected, saying monetary policy needs to remain expansionary for inflation to continue to be close to 2 per cent. The central bank added that it does not expect to raise the repo rate until the middle of 2018 and that purchases of government bonds will continue during the second half of 2017, as decided in April.
Thursday September 07 2017
Malaysia Holds Overnight Policy Rate at 3%  
The Central Bank of Malaysia left its benchmark overnight policy rate unchanged at 3 percent on September 7th 2017, as widely expected, saying the stance of monetary policy remains accommodative. Policymakers also noted that growth in 2017 will be stronger than earlier estimated while inflation is projected to moderate on expectations of a smaller effect from global cost factors.
Thursday September 07 2017
Australia Trade Surplus Smallest in 3 Months  
Australia's trade surplus unexpectedly narrowed 48 percent to AUD 0.46 billion in July of 2017 from an upwardly revised AUD 0.89 billion in June while market estimated AUD 0.88 billion. It was the smallest trade surplus in three months, as exports fell 2 percent from a month earlier to AUD 31.07 billion and imports declined by 1 percent to AUD 30.61 billion.
Thursday September 07 2017
Brazil Trims Key Rate by 100 Bps to 8.25%  
The Central Bank of Brazil unanimously cut its key Selic rate by 100 basis points to 8.25 percent on September 6th of 2017, as widely anticipated. It was the eighth straight rate decline, bringing borrowing costs to the lowest since 2013 amid slowing inflation and a sticky contraction. The decision was unanimous and no bias was adopted. It follows a 100 bps cut in the July 26th of 2017 meeting.
Wednesday September 06 2017
Canada Unexpectedly Hikes the Key Rate to 1.0%  
The Bank of Canada unexpectedly raised its benchmark overnight rate by 25 bps to 1 percent at its September 6th 2017 meeting, surprising markets who expected no changes. It is the second consecutive rise in borrowing cost as recent economic data have been stronger than expected, supporting the Bank’s view that growth in Canada is becoming more broadly-based and self-sustaining. The Bank Rate was also increased by 25 bps 1.25 percent and the deposit rate by 25 bps to 0.75 percent.
Wednesday September 06 2017
US ISM Non Manufacturing PMI Rises in August  
The ISM Non-Manufacturing PMI index for the United States went up to 55.3 in August of 2017 from 53.9 in July, compared to market expectations of 55.4. Improvements were seen in production, new orders and employment while inventories slowed and price pressures increased. The majority of services providers are optimistic about business conditions going forward.
Wednesday September 06 2017
Brazil Inflation Rate Falls to Fresh 1999 Low of 2.46%  
Consumer prices in Brazil increased 2.46 percent year-on-year in August of 2017, slowing from a 2.71 percent rise in July and below market expectations of 2.6 percent. The inflation rate eased for the 12th consecutive month to a new low since February of 1999. It is also the lowest rate for an August month since at least 1980 as a record harvest dragged down food prices.
Wednesday September 06 2017
Canada Trade Gap Narrows in July  
Canada reported a CAD 3.0 billion trade deficit in July of 2017, following an upwardly revised CAD 3.8 billion gap in June and better than market expectations of a CAD 3.1 billion shortfall. Exports fell 4.9 percent to CAD 44.1 billion and imports declined 6 percent to CAD 47.2 billion affected by widespread price decreases as Canadian dollar appreciated sharply against USD in July.
Wednesday September 06 2017
US Trade Gap Lower than Expected  
The trade deficit in the United States widened slightly to USD 43.7 billion in July of 2017, following a downwardly revised USD 43.5 billion gap in June. It compares with market expectations of a bigger USD 44.6 billion shortfall. Exports declined 0.3 percent and imports fell at a slower 0.2 percent. The trade gap with China reached an 11-month high and the one with the EU was the highest in 8 months.
Wednesday September 06 2017
Malaysia Trade Surplus Widens in July  
Malaysia's trade surplus increased sharply to MYR 8.0 billion in July of 2017 from MYR 1.9 billion in the same month of the prior year and beating market estimates of a MYR 6.5 billion surplus.
Wednesday September 06 2017
Australia GDP Growth Accelerates to 0.8% in Q2  
The Australian economy expanded 0.8 percent in the June quarter of 2017, much stronger than a 0.3 percent growth in the first quarter and matching market consensus. The solid expansion was mainly supported by strength in domestic demand and net exports.
Tuesday September 05 2017
Russia Inflation Rate Falls to Lowest Since 1991  
Consumer prices in Russia increased 3.3 percent year-on-year in August of 2017, below a 3.9 percent rise in July and lower than market expectations of 3.7 percent. It is the smallest inflation rate since at least 1991, mainly due to a slowdown in cost of food and transport. The inflation stayed below the central bank's 4 percent target for the second month.
Tuesday September 05 2017
Ireland Jobless Rate Lowest Since 2008  
Irish seasonally adjusted unemployment rate fell to 6.3 percent in August 2017, from 6.4 percent in July and below 7.9 percent in the same month of the previous year. It matched the June of 2017 figure which was the lowest since June of 2008. The number of unemployed fell by 1,700 to 139,100.
Tuesday September 05 2017
South Africa Annual GDP Growth at 2-Year High in Q2  
The South African economy advanced 1.1 percent year-on-year in the second quarter of 2017, above 1 percent in the previous period and beating market expectations of 0.4 percent. It is the strongest annual growth rate in two years.
Tuesday September 05 2017
Nigeria Returns to Growth in Q2  
The Nigerian economy advanced 0.55 percent year-on-year in the second quarter of 2017, after shrinking an upwardly revised 0.91 percent in the previous period. It is the first expansion in five quarters as the oil sector rebounded.
Tuesday September 05 2017
South Africa GDP Growth Beats Expectations in Q2  
The South African economy expanded an annualized 2.5 percent on quarter in the three months to June of 2017, ending two quarters of contraction and beating market expectations of a 2.1 percent rise. It is the highest growth rate in a year with agriculture, forestry and fishing making the largest upward contribution, namely field crops and horticultural products.
Tuesday September 05 2017
Swiss Inflation Rate Climbs to 0.5% in August  
Swiss consumer prices increased 0.5 percent year-on-year in August 2017, in line with market consensus and following a 0.3 percent rise in the previous month. It is the highest inflation rate since May, driven by higher prices of housing and utilities and transport.
Tuesday September 05 2017
Turkish Inflation Rate Rises to 10.68% in August  
Consumer prices in Turkey increased 10.68 percent year-on-year in August of 2017, above a 9.79 percent rise in July and market expectations of 9.9 percent. Cost roe at a faster pace for: food and non-alcoholic beverages; housing, and transportation.
Tuesday September 05 2017
Swiss Q2 GDP Growth Below Estimates  
Swiss economy advanced 0.3 percent on quarter in the June quarter of 2017, following a downwardly revised 0.1 percent growth in the previous period while market estimated a a 0.5 percent growth. Expansion was mainly supported by domestic demand while investment growth slowed and net trade contributed negatively to the GDP.
Tuesday September 05 2017
Australia Holds Cash Rate Steady at 1.5% in September  
The Reserve Bank of Australia left the cash rate unchanged at a record low of 1.5 percent during the meeting held on September 5th, as widely expected. Policymakers said the Australian economy is expected to pick up gradually over the coming year, supported by improving outlook of non-mining investment, while inflation is estimated to rise as the economy strengthens.
Tuesday September 05 2017
Philippines Inflation Rate at 3-Month High of 3.1% in August  
Consumer prices in the Philippines were recorded at 3.1 percent year-on-year in August of 2017 compared to 2.8 percent in the previous month and above market expectations of 3 percent. It was the highest inflation rate since May this year as prices for most commodity groups grew at a faster pace.
Friday September 01 2017
Brazil Trade Surplus Beats Expectations  
The trade surplus in Brazil widened 35.3 percent year-on-year to USD 5.6 billion in August of 2017, above market expectations of a USD 4.1 billion surplus. The country’s trade balance has been in surplus since March of 2015.
Friday September 01 2017
Week Ahead  
In the US, the most important events will be trade balance, factory orders and ISM non-manufacturing PMI. Elsewhere, the ECB and the RBA will announce their interest rate decisions; Australia will release the first estimate of GDP growth, and the Eurozone and Japan will publish final figures for GDP growth. China inflation rate and foreign trade; and UK industrial output and trade balance will also be in the spotlight.
MORE TOP NEWS