India Imports of Printed Books, Newspapers, Pictures  1996-2018 | 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
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 -17390.00 -18020.00 258.90 -20210.90 USD Million [+]
Exports 27840.00 25770.00 30541.44 59.01 USD Million [+]
Imports 45240.00 43790.00 45281.90 117.40 USD Million [+]
Current Account -15807.13 -13047.43 7360.00 -31857.18 USD Million [+]
Current Account to GDP -1.90 -0.60 2.30 -4.80 percent [+]
External Debt 529673.00 529673.00 529673.00 96392.00 USD Million [+]
Terms of Trade 71.10 71.80 100.00 57.90 Index Points [+]
Capital Flows 17.43 -42.87 766.97 -271.47 USD Million [+]
Foreign Direct Investment 1981.00 1168.00 8579.00 -1336.00 USD Million [+]
Remittances 12638.86 12003.97 12638.86 5999.10 USD Million [+]
Tourist Arrivals 806255.00 681279.00 1176000.00 129286.00 [+]
Gold Reserves 560.30 558.10 560.30 357.75 Tonnes [+]
Crude Oil Production 724.00 725.00 813.00 526.00 BBL/D/1K [+]
Terrorism Index 7.53 7.48 8.09 7.22 [+]
Weapons Sales 56.00 42.00 56.00 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 2018.

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

Friday September 14 2018
India August Wholesale Inflation Slows to 4-Month Low  
Wholesale prices in India rose by 4.53 percent year-on-year in August of 2018, after a 5.09 percent gain in the prior month and below market estimates of 4.65 percent. It is the lowest wholesale inflation since April, as cost of fuel increased at a softer pace while prices of food declined further.
Wednesday September 12 2018
India Inflation Rate Down to 10-Month Low of 3.69%  
Annual consumer inflation in India declined to 3.69 percent in August of 2018 from 4.17 percent in July and below market expectations of 3.86 percent. It is the lowest inflation rate since October of 2017, mainly due to a sharp slowdown in food cost.
Friday August 31 2018
India GDP Growth Highest in Over 2 Years  
The Indian economy grew 8.2 percent year-on-year in the second quarter of 2018, above 7.7 percent in the previous three months and beating market expectations of 7.6 percent. It is the strongest growth rate since the first quarter of 2016, boosted by household spending, financial, real estate and manufacturing activities.
Tuesday August 14 2018
India July Wholesale Inflation Slows to 5.09%  
Wholesale prices in India rose by 5.09 percent year-on-year in July of 2018, after a 5.77 percent gain in the prior month. Figure came in below market estimates of 5.24 percent, as prices of of food fell sharply while cost of manufactured products and fuel went up faster.
Monday August 13 2018
India July Inflation Rate Weaker than Expected  
India' annual inflation rate eased to 4.17 percent in July 2018 from a downwardly revised 4.92 percent in the previous month, and below market expectations of 4.51 percent. Still, inflation remained above the central bank's medium-term target of 4 percent for nine consecutive months.
Wednesday August 01 2018
India Raises Key Rate to 6.5%  
The Reserve Bank of India increased its benchmark policy repo rate by 25bps to 6.5 percent on August 1st 2018, in line with market expectations and following a similar hike in the previous meeting. Policymakers mentioned uncertainty around inflation and slightly increased forecasts for H2 2018-19 to 4.8 percent from 4.7 percent. Although the central bank considers growth momentum is sustained, it noticed several global risks that could weigh on the outlook, including rising trade protectionism, geopolitical tensions and higher oil prices.
Monday July 16 2018
India June Wholesale Inflation at 15-Month High of 5.77%  
Wholesale prices in India rose by 5.77 percent year-on-year in June of 2018, after a 4.43 percent gain in the prior month and above market estimates of 4.93 percent. It is the highest wholesale inflation since March 2017, due to faster rises in cost of food, manufactured products, and fuel.
Thursday July 12 2018
India Consumer Inflation Below Forecasts  
The inflation rate in India edged up to 5 percent in June of 2018 from 4.87 percent in May, below market expectations of 5.3 percent. Still, it is the highest rate since January and marks the eighth straight month in which inflation is above the central bank medium-term target of 4 percent.
Thursday June 14 2018
India Wholesale Inflation at 15-Month High of 4.43% in May  
Wholesale prices in India rose by 4.43 percent year-on-year in May of 2018, after a 3.18 percent gain in the prior month and above market estimates of 3.76 percent. It is the highest wholesale inflation since March 2017, driven by faster rises in cost of food, manufactured products, and fuel.
Tuesday June 12 2018
India Inflation Rate Rises to 4.87% in May  
India's annual inflation rate rose to 4.87 percent in May of 2018 from 4.58 percent in April, slightly above market expectations of 4.83 percent. It is the highest reading in four months amid rising prices for food and fuel.
Wednesday June 06 2018
India Hikes Key Repo Rate to 6.25%  
The Reserve Bank of India raised its benchmark policy repo rate by 25bps to 6.25 percent on June 6th 2018 while markets expected no changes. It is the first hike in borrowing costs since January of 2014, mentioning upside risks to inflation that include higher oil prices and uncertainty in global financial markets. Policymakers said the decision is consistent with a neutral monetary policy stance and is in line with achieving the inflation target of 4 percent +/- 2 percent while supporting growth. The reverse repo rate was also adjusted to 6 percent from 5.75 percent and the marginal standing facility rate and the Bank Rate to 6.5 percent from 6.25 percent.
Thursday May 31 2018
India GDP Growth Beats Forecasts at 7.7% in Q1  
The Indian economy expanded 7.7 percent year-on-year in the first three months of 2018, higher than a downwardly revised 7 percent advance in the previous quarter and beating market forecasts of a 7.3 percent growth. It is the highest growth rate since the second quarter of 2016, boosted by a jump in investment. On the production side, manufacturing, agriculture and construction were the main contributors to growth.
Monday May 14 2018
India April Inflation Rate Above Expectations  
India's annual inflation rate rose to a three-month high of 4.58 percent in April 2018 from 4.28 percent in the previous month, and above market expectations of 4.42 percent.
Monday May 14 2018
India Wholesale Inflation at 4-Month High of 3.18%  
Wholesale prices in India rose by 3.18 percent year-on-year in April of 2018, after a 2.47 percent gain in the prior month and above market estimates of 2.86 percent. It was the highest wholesale inflation since December 2017, as cost increased at a faster pace for manufactured products and fuel, while prices of food rebounded.
Monday April 16 2018
India Wholesale Inflation at 8-Month Low of 2.47%  
Wholesale prices in India rose by 2.47 percent year-on-year in March of 2018, after a 2.48 percent gain in the prior month and below market estimates of 2.58 percent. It was the lowest wholesale inflation since July last year, as cost of food fell markedly while manufactured products inflation was little-changed.
Thursday April 12 2018
India Inflation Rate at 5-Month Low of 4.28%  
Indian consumer prices rose 4.28 percent year-on-year in March of 2018, following a 4.44 percent increase in February and compared with market expectations of 4.2 percent. It is the lowest inflation rate in five months amid a slowdown in food cost.
Thursday April 05 2018
India Leaves Monetary Policy Unchanged  
The Reserve Bank of India left its key policy rate steady at 6 percent for the fourth meeting on April 5th 2018, matching market expectations. Policymakers said once again the decision is consistent with the neutral stance of monetary policy aiming to achieve the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. The central bank lowered inflation forecasts to 4.5 percent for Q4 of the current fiscal year (January to March 2018) from 5.1 percent. GDP growth for 2018-19 is seen higher at 7.4 percent from 6.6 percent in 2017-2018.
Wednesday March 14 2018
India Wholesale Inflation at 7-Month Low of 2.48%  
Wholesale prices in India rose by 2.48 percent year-on-year in February of 2018, after a 2.84 percent increase in the prior month while markets estimated a 2.5 percent gain. It was the lowest wholesale inflation since July 2017, as cost of food and fuel rose at softer paces.
Monday March 12 2018
India Inflation Rate at 4-Month Low  
Consumer prices in India increased 4.44 percent year-on-year in February of 2018, below 5.07 percent in January and market expectations of 4.8 percent. It is the lowest inflation rate in four months but above the 4 percent medium-term target of the central bank.
Wednesday February 28 2018
India GDP Growth Beats Forecasts in Q4  
The Indian economy expanded 7.2 percent year-on-year in the last three months of 2017, well above an upwardly revised 6.5 percent advance in the previous period and beating market expectations of 6.9 percent. It is the strongest growth rate since the third quarter of 2016, boosted by a jump in investment and public spending.
Thursday February 15 2018
India Wholesale Inflation at 6-Month Low of 2.84%  
Wholesale prices in India rose by 2.84 percent year-on-year in January of 2018, after a 3.58 percent increase in the prior month and below market estimates of a 3.25 percent gain. It was the lowest wholesale inflation since July 2017, mainly due to softer rises in cost of food and fuel.
Monday February 12 2018
India Inflation Rate Slows More than Anticipated  
Consumer prices in India increased 5.07 percent year-on-year in January of 2018, below a 17 month high of 5.21 percent in December and market expectations of 5.14 percent. Still, the inflation remained above 4.8 percent for the third month, the level not seen since July of 2016 and above 4 percent medium-term target of the Reserve Bank of India.
Wednesday February 07 2018
India Keeps Rates Unchanged  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on February 7th 2018, matching market expectations. Policymakers reinforced the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. The central bank raised inflation forecasts to 5.1 percent for Q4 of the current fiscal year (January to March 2018) from 4.3-4.7 percent and GVA growth expectations were lowered to 6.6 percent for 2017-2018 from 6.7 percent. The reverse repo rate was also left on hold at 5.75 percent and the marginal standing facility rate and the Bank Rate at 6.25 percent.
Monday January 15 2018
India WPI Rises Less than Expected in December  
Wholesale prices in India rose by 3.58 percent year-on-year in December of 2017, following a 3.93 percent increase in the prior month. The figure came below market estimates of a 4 percent gain, mainly due to a slowdown in cost of food.
Friday January 12 2018
India Inflation Rate Accelerates to 17-Month High of 5.21%  
Consumer prices in India increased 5.21 percent year-on-year in December of 2017, above 4.88 percent in November and market expectations of 5.1 percent. It is the highest inflation rate since July of 2016 amid faster rises in cost of food and housing.
Thursday December 14 2017
India Wholesale Inflation at 8-Month High of 3.93%  
Wholesale prices in India rose by 3.93 percent year-on-year in November of 2017, following a 3.59 percent increase in the prior month and above market estimates of a 3.78 percent gain. It was the highest wholesale inflation since March, mainly due to a faster rise in cost of food and a further increase in cost of fuel.
Tuesday December 12 2017
India Inflation Rate at 15-Month High of 4.88%  
Consumer prices in India increased 4.88 percent year-on-year in November of 2017, higher than 3.58 percent in October and well above market expectations of 4.2 percent. It is the highest inflation rate since August of 2016, mainly due to rises in cost of vegetables and fuel.
Wednesday December 06 2017
India Leaves Key Rate on Hold at 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on December 6th 2017, in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term inflation target of 4 percent +/- 2 percent, while supporting growth. However, the central bank showed concerns about inflationary risks, mainly due to higher prices for house rent allowances, food and fuel and raised its inflation forecasts for the second half of the current financial year to between 4.3 and 4.7 percent from the previous 4.2 percent to 4.6 percent. The gross value added growth projection was left unchanged at 6.7 percent. The reverse repo rate was also left on hold at 5.75 percent and the marginal standing facility rate and the Bank Rate at 6.25 percent
Thursday November 30 2017
India GDP Growth Below Expectations in Q3  
The Indian economy expanded 6.3 percent yoy in Q3, above a 5.7 percent in Q2 which was the lowest in nearly 3 years, but below expectations of a 6.4 percent. A rebound in investment and inventories offset a slowdown in both private and public spending.
Tuesday November 14 2017
India Wholesale Inflation at 6-Month High of 3.59%  
Wholesale prices in India rose 3.59 percent year-on-year in October of 2017, following a 2.60 percent increase in the prior month and above market estimates of a 3.01 percent gain. It was the highest wholesale inflation since April, due to a surge in cost of food and a faster rise in cost of fuel.
Monday November 13 2017
India Inflation Rate at 7-Month High of 3.58%  
Consumer prices in India increased 3.58 percent year-on-year in October of 2017, above 3.28 percent in September and market expectations of 3.46 percent. It is the highest inflation rate in seven months, mainly driven by rising cost of food and fuel.
Monday October 16 2017
India Wholesale Price Inflation Below Expectations  
Wholesale prices in India rose 2.60 percent year-on-year in September of 2017, following a 3.24 percent increase in the prior month. The figure came in below market estimates of a 3.41 percent gain, mainly due to a slowdown in cost of food and fuel.
Thursday October 12 2017
India Inflation Rate Unchanged in September  
India's consumer price inflation came in at increased 3.28 percent year-on-year in September 2017, unchanged from the previous month's five-month high and below market expectations of 3.6 percent. Food inflation slowed while prices rose at a faster pace for housing, fuel and clothing.
Wednesday October 04 2017
India Leaves Key Rate at 7-Year Low of 6%  
The Reserve Bank of India kept its benchmark interest rate steady at 6 percent on October 4th 2017, following a 25bps cut in August and in line with market expectations. Policymakers said the decision is consistent with a neutral stance of monetary policy aiming to reach the medium-term target for inflation of 4 percent +/- 2 percent, while supporting growth. The central bank also increased its inflation forecasts for October-March to a range of 4.2 percent to 4.6 percent while the gross value added projection was cut to 6.7 percent from 7.3 percent.
Thursday September 14 2017
Indian Wholesale Inflation at 4-Month High of 3.24% in August  
Wholesale prices in India rose 3.24 percent year-on-year in August of 2017, following a 1.88 percent increase in the prior month and above market estimates a 3.0 percent gain. It was the highest wholesale inflation since April, due to a surge in prices of food and fuel.
Tuesday September 12 2017
India Inflation Rate at 5-Month High in August  
Consumer prices in India increased 3.36 percent year-on-year in August of 2017, following a 2.36 percent rise in July and above market expectations of 3.2 percent. It is the highest inflation rate since March, due to a rebound in food prices. The Reserve Bank of India expects inflation at 2 percent - 3.5 percent in the first half of this fiscal year (April to September 2017) and at 3.5 percent - 4.5 percent in the second half (October 2017 to March 2018).
Thursday August 31 2017
India GDP Growth at Over 3-Year Low of 5.7% in Q2  
The Indian economy expanded 5.7 percent year-on-year in the second quarter of 2017, below 6.1 percent in the previous period and market expectations of 6.6 percent. It remains the weakest growth rate since the first quarter of 2014 due to a slowdown in consumer spending and exports. On the production side, manufacturing and agriculture eased. Figures for the second quarter of 2017 mark the third consecutive period of slowing growth, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation.
Monday August 14 2017
India Inflation Rate Rises to 2.36% in July  
India's consumer prices increased 2.36 percent year-on-year in July 2017, beating market expectations of 1.87 percent and following a 1.54 percent gain in the previous month. Cost of housing, energy and clothing rose further and food prices fell at a softer pace.
Monday August 14 2017
India WPI Rises More than Expected in July  
Wholesale prices in India rose 1.88 percent year-on-year in July of 2017, compared to a 0.9 percent rise in the prior month while market estimated a 1.3 percent rise. A surge in food prices offset a slowdown in cost of manufactured products and fuel.
Wednesday August 02 2017
India Cuts Key Rate to 6%  
The Reserve Bank of India lowered its benchmark interest rate by 25bps to 6 percent on August 2nd 2017, in line with market expectations. It is the first rate cut so far this year, bringing borrowing cost to the lowest since 2010 amid a sharp slowdown in inflation. The reverse repo rate was also lowered by 25bps to 5.75 percent and the marginal standing facility rate and the Bank Rate to 6.25 percent.
Friday July 14 2017
India Wholesale Inflation At 11-Month Low Of 0.9% In June  
Wholesale prices in India rose 0.9 percent year-on-year in June of 2017, compared to a 2.17 percent rise in May and below market estimates of a 1.6 percent rise. It was the lowest wholesale inflation since July of 2016, as cost of manufactured products and fuel went up at a slower pace and food prices fell further.
Wednesday July 12 2017
India Inflation Rate Falls To Fresh Low Of 1.54%  
Consumer prices in India increased 1.54 percent year-on-year in June of 2017, slowing sharply from a 2.18 percent rise in May and below market expectations of 1.7 percent. The inflation rate fell to a fresh record low for the third month as food prices declined faster amid a favorable monsoon.
Wednesday June 14 2017
India Wholesale Inflation At 5-Month Low Of 2.17% In May  
Wholesale prices in India rose 2.17 percent from a year earlier in May of 2017, compared to a 3.85 percent gain in April and below market estimates of 3.11 percent. It was the lowest wholesale inflation since December 2016, as cost of manufactured products and fuel went up at slower paces while prices of primary articles declined.
Monday June 12 2017
India Inflation Rate Down To Record Low Of 2.18%  
Consumer prices in India increased 2.18 percent year-on-year in May of 2017, slowing from a 2.99 percent rise in April and well below market expectations of 2.6 percent. The inflation hit a new record low for the second month as food prices fell for the first time ever led by pulses and vegetables.
Wednesday June 07 2017
India Leaves Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at 6.25 percent on June 7th 2017 as widely expected, saying the decision is consistent with a neutral monetary policy stance. Policymakers added that the inflation outlook for the next months is uncertain and revised down its GVA growth forecasts for 2017-2018 by 10bps to 7.3 percent. The reverse repo rate was also left unchanged at 6 percent, following a 25bps cut in April; the bank rate at 6.5 percent and the cash rate at 4 percent.
Wednesday May 31 2017
India GDP Growth Unexpectedly Slows To 6.1% In Q1  
The Indian economy advanced 6.1 percent year-on-year in the first quarter of 2017, slowing sharply from a 7 percent expansion in the previous period and well below market expectations of 7.1 percent. It is the lowest growth rate since the last quarter of 2014, due to a slowdown in consumer spending and a drop in investment, following the demonetization program started in November of 2016 that removed 86 percent of India's currency in circulation. In addition, the government changed the GDP base year for 2011-2012 from 2004-2005. The same change was made earlier for industrial production and wholesale prices indexes, with adjustments in the weights of the different industries. Considering the April 2016-March 2017 period, the economy advanced 7.1 percent, in line with the official estimate but below 8 percent in the previous year.
Friday May 12 2017
India Inflation Rate Falls To Record Low Of 2.99%  
Consumer prices in India increased 2.99 percent year-on-year in April of 2017, following a 3.81 percent rise in March and well below market expectations of 3.5 percent. It is the lowest inflation rate since the series began in 2012, driven by a slowdown in food prices.
Friday May 12 2017
India Wholesale Inflation Below Expectations  
Wholesale prices in India rose 3.85 percent year-on-year in April of 2017, following a downwardly revised 5.29 percent gain in March and well below market estimates of 4.8 percent. It is the lowest wholesale inflation in four months after the government revised the base year.
Monday April 17 2017
India WPI Rises Less Than Expected In March  
Indian wholesale prices rose 5.70 percent year-on-year in March of 2017, following a 6.55 percent gain in February and below market estimates of a 5.98 percent rise. A slowdown in cost of manufactured products offset a faster increase in cost of food and petrol.
Wednesday April 12 2017
India Inflation Rate Rises Less Than Forecasts  
Consumer prices in India increased 3.81 percent year-on-year in March of 2017, following a 3.65 percent rise in February and below market expectations of 3.98 percent. Food inflation slowed to 1.93 percent from 2.01 percent.
Thursday April 06 2017
India Holds Repo Rate At 6.25%  
The Reserve Bank of India held its benchmark repo rate at a six-year low of 6.25 percent on April 6th, as widely expected, and raised its reverse repo rate by 25bps to 6 percent, saying there are upside risks to the inflation outlook amid an uncertain global economic environment. Annual inflation rose to 3.65 percent in February 2017 from a record low of 3.17 percent in the previous month. For 2017-18, policymakers expect inflation to average 4.5 percent in the first half of the year and 5 percent in the second half.
Tuesday March 14 2017
India Consumer Inflation Rises More Than Expected  
Consumer prices in India increased 3.65 percent year-on-year in February of 2017, following a record low rise of 3.17 percent in January and higher than market expectations of 3.58 percent. Food inflation accelerated to 2.01 percent from 0.53 percent.
Tuesday March 14 2017
India WPI Rises The Most In Over 3 Years  
Indian wholesale prices rose 6.55 percent year-on-year in February of 2017, following a 5.25 percent gain in January while markets expected a 5.90 percent rise. It was the eleventh straight month of increase and the highest since November 2013, driven by a surge in prices of food while cost of manufactured products and petrol rose further.
Thursday March 02 2017
India GDP Growth Beats Expectations in Q4  
The Indian economy advanced 7 percent year-on-year in the last three months of 2016, slowing from an upwardly revised 7.4 percent rise in the previous quarter but beating expectations of a 6.4 percent growth. The expansion was mainly driven by a surge public spending and agriculture. The GDP is expected to grow 7.1 percent in the fiscal year ending in March 2017.
Tuesday February 14 2017
India WPI Rises The Most In 30 Months In January  
Indian wholesale prices rose 5.25 percent year-on-year in January of 2017, following a 3.39 percent gain in December while markets expected a 3.89 percent rise. It was the tenth straight month of increase and the highest since July 2014, driven by a faster increase in cost of manufactured product and a surge in cost of petrol while prices of food fell less than in the prior month.
Monday February 13 2017
India Consumer Inflation Down To Record Low Of 3.17%  
Consumer prices in India increased 3.17 percent year-on-year in January of 2017, easing from a 3.41 percent rise in December and below market expectations of 3.22 percent. It is the lowest inflation rate since the series began in 2012 due to a sharp slowdown in food prices.
Wednesday February 08 2017
India Keeps Key Rate At 6.25%  
The Reserve Bank of India left its key repo rate unchanged at 6.25 percent for the second time at its February 2017 meeting, compared to expectations of a 25bps cut. Policymakers decided to change the stance from accommodative to neutral while assessing the effects of demonetisation on inflation and growth. The reverse repo rate was also kept at 5.75 percent and the marginal standing facility and the bank rate at 6.75 percent.
Monday January 16 2017
India WPI Rises at Faster Pace in December  
Indian wholesale prices rose 3.39 percent year-on-year in December of 2016, following a 3.15 percent gain in November while markets expected a 3.50 percent rise. It was the ninth straight month of increase, mainly due to rising cost of manufactured products and petrol while prices of food fell for the first time since August 2015.
Thursday January 12 2017
India Inflation Rate Lowest Since November 2014  
Consumer prices in India increased 3.41 percent year-on-year in December of 2016, following a 3.63 percent rise in November and below market expectations of 3.57 percent. It is the lowest inflation rate since November of 2014 as food prices cooled. The slowdown in inflation intensified in the last two months of 2016 after a demonetization campaign slumped currency in circulation, hurting consumption.
Wednesday December 14 2016
India WPI Rises the Least in 5 Months  
Indian wholesale prices rose 3.15 percent year-on-year in November of 2016, following a 3.39 percent gain in October while markets expected a 3.10 percent rise. It was the eighth straight month of increase but the lowest figure since June, as a sharp slowdown in prices of food offset a faster increase in cost of manufactured products and petrol.
Tuesday December 13 2016
India Inflation Rate At 2-Year Low Of 3.6% In November  
Consumer prices in India increased 3.63 percent year-on-year in November of 2016, following 4.2 percent rise in October and well below market expectations of 3.9 percent. It was the lowest inflation rate since November 2014, as food inflation eased for the fourth straight month to 2.56 percent.
Wednesday December 07 2016
India Keeps Monetary Policy Unchanged at 6.25%  
The Reserve Bank of India unexpectedly left its benchmark repo rate unchanged at a six-year low of 6.25 percent during the meeting held on December 7th despite wide expectations of a rate cut, following a severe cash crisis.
Wednesday November 30 2016
Indian Economy Expands 7.3% YoY In Q3  
India's gross domestic product advanced 7.3 percent year-on-year in the third quarter of 2016, following 7.1 percent expansion in the previous period and missing market expectations of 7.5 percent growth. Private consumption expanded at a faster pace while government spending slowed down and fixed investment dropped further.
Tuesday November 15 2016
India Inflation Rate Falls to 14-Month Low of 4.2%  
Consumer prices in India increased 4.2 percent year-on-year in October of 2016, easing from an upwardly revised 4.39 percent rise in September, reaching a new low since August last year. Figures came in line with market expectations as food inflation eased for the third straight month to 3.32 percent.
Tuesday November 15 2016
India WPI Rises the Least in 4 Months  
Indian wholesale prices rose 3.39 percent year-on-year in October of 2016, following a 3.57 percent gain in September while markets expected a 3.75 percent rise. It was the seventh straight month of increase but the lowest figure since June, as a slowdown in prices of food offset a faster rise in cost of manufactured products and petrol.
Friday October 14 2016
India WPI Rises Less than Estimated in September  
Indian wholesale prices rose 3.57 percent year-on-year in September of 2016, following a 3.74 percent gain in August. It was the sixth straight month of increase and the lowest figure since June while markets expected a 3.90 percent rise. A slowdown in prices of food offset an increase in cost of manufactured products and petrol.
Thursday October 13 2016
India Annual Inflation Rate Slows to 13-Month Low  
India's consumer prices increased by 4.31 percent year-on-year in September 2016, easing from a 5.05 percent growth in the previous month and missing market expectations of a 4.8 percent gain. It was the lowest inflation rate since August last year, as food cost rose at a slower pace.
Tuesday October 04 2016
India Cuts Repo Rate to a 6-Year Low of 6.25%  
The Reserve Bank of India lowered its repurchase rate by a surprise 25bps to 6.25 percent on October 4th, 2016, saying the stance of monetary policy remains accommodative and the decision will help to bring inflation rate back to central bank's 4 percent target in the medium-term while supporting growth. India’s consumer prices index rose 5 percent year-on-year in August, easing from its 6 percent increase in July. The repo policy rate is now at its lowest since November 2010.
Wednesday September 14 2016
India WPI Rises Less Than Expected in August  
India wholesale prices rose 3.74 percent year-on-year in August of 2016, following a 3.55 percent gain in July while markets expected a 4.01 percent rise. It was the fifth straight month of increase and the highest figure since August 2014. While cost of manufactured products rose at a faster pace, prices of food slowed and cost of petrol fell less than in the preceding month.
Monday September 12 2016
India Inflation Rate Slows More than Expected  
Consumer prices in India increased 5.05 percent year-on-year in August of 2016, easing from a 6.07 percent rise in July and below market expectations of 5.5 percent. It is the lowest inflation rate in five months due to smaller rises in food prices.
Wednesday August 31 2016
India GDP Growth Slows to 7.1% YoY in Q2  
India's gross domestic product advanced 7.1 percent year-on-year in the second quarter of 2016, slowing from a 7.9 percent expansion in the previous period and missing market expectations of 7.6 percent growth. It was the lowest reading since the fourth quarter of 2014, as private consumption expanded at a slower pace while fixed investment dropped further.
Tuesday August 16 2016
India WPI Rises the Most in Nearly 2 Years  
India wholesale prices rose 3.55 percent year-on-year in July of 2016, following a 1.62 percent gain in June while markets expected a 2.55 percent rise. It was the 4th straight month of increase and the highest figure since August 2014, mainly due to a faster rise in prices of food and manufactured products.
Friday August 12 2016
India Consumer Inflation Highest Since August 2014  
Consumer prices in India went up 6.07 percent year-on-year in July of 2016, accelerating for the fourth straight month and beating market expectations of 5.9 percent. It was the highest figure since August of 2014, as food cost rose further.
Tuesday August 09 2016
India Keeps Policy Rate Unchanged at 6.5% in August  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on August 9th, as widely expected. While awaiting space for policy action, policymakers said the stance of monetary policy will remain accommodative and continue to emphasize the adequate provision of liquidity.
Thursday July 14 2016
India WPI Rises More Than Expected in June  
Indian wholesale prices rose 1.62 percent year-on-year in June of 2016, following a 0.79 percent gain in May and higher than market consensus of a 1.19 percent increase. It was the 3rd straight month of gain as prices of food and manufactured products went up at a faster pace while cost of petrol fell less than in the preceding month.
Tuesday July 12 2016
India Consumer Inflation Rises Further to 22-Month High in June  
Consumer prices in India went up 5.77 percent year-on-year in June of 2016, accelerating for the third straight month and reaching the highest since August of 2014. Figures came above market expectations of 5.73 percent, driven by food cost.
Tuesday June 14 2016
India WPI Rises for 2nd Month in May  
Indian wholesale prices rose 0.79 percent year-on-year in May of 2016, following a 0.34 percent gain in April and higher than market consensus of a 0.42 percent increase. It was the 2nd straight month of rise as prices of food and manufactured products went up at a faster pace while cost of petrol dropped further.
Monday June 13 2016
India Consumer Inflation at 21-Month High  
Consumer prices in India increased 5.76 percent year-on-year in May of 2016, higher than an upwardly revised 5.47 percent rise in the previous month and compared to market expectations of 5.5 percent. It is the highest figure since August of 2014 as food inflation increased to 7.55%, the most in 21 months.
Tuesday June 07 2016
India Holds Policy Rate Unchanged at 6.5%  
The Reserve Bank of India left its benchmark repo rate unchanged at a five-year low of 6.5 percent during the meeting held on June 7th, as expected. While awaiting further data to assess the impact of seasonal rainfall and some external risks, policymakers said they would remain accommodative.
Tuesday May 31 2016
India GDP Growth at 1-1/2-Year High of 7.9%  
The Indian economy expanded 7.9 percent year-on-year in the first three months of 2016, higher than a downwardly revised 7.2 percent growth in the previous quarter and much better than market expectations of a 7.5 percent increase. It is the best performance in six quarters, boosted by private spending while investment and exports declined. Considering full 2015/2016 year (April to March), the GDP in India advanced 7.6 percent, higher than 7.2 percent in the previous year.
Monday May 16 2016
India WPI Rises for 1st Time in 18 Months  
Indian wholesale prices unexpectedly rose 0.34 percent year-on-year in April of 2016, following a 0.85 percent drop in March and market consensus of a 0.2 percent fall. It is the first increase since November 2014 as prices rose for food and cost of manufactured products while cost of petrol declined at a slower pace.
Thursday May 12 2016
India Inflation Rate Accelerates More than Expected  
Consumer prices in India went up 5.39 percent year-on-year in April of 2016, accelerating from a 4.83 percent rise in the previous month and higher than market expectations of 5 percent. Food inflation also reached a three-month high.
Monday April 18 2016
India WPI Drops for 17th Straight Month  
Indian wholesale prices fell by 0.85 percent year-on-year in March of 2016, as compared to a 0.91 percent drop in February and missing market consensus of a 0.77 percent fall. Prices of food rose at a faster pace while cost of petrol declined further and cost of manufactured dropped at a slower pace.
Tuesday April 12 2016
India Inflation Rate Slows to 6-Month Low  
Consumer prices in India went up 4.83 percent year-on-year in March of 2016, slowing from an upwardly revised 5.26 percent rise in February. The inflation rate eased for the second straight month, reaching the lowest figure since September last year and compared to market expectations of 5 percent as food prices rose at a slower pace.
Tuesday April 05 2016
India Cuts Repo Rate to Lowest in Over 5 Years  
The Reserve Bank of India cut its benchmark repo rate by 25 bps to 6.5 percent during the meeting held on April 5th, 2016, as widely expected. It is the first reduction since September 2015 and the lowest rate since January 2011.
Monday March 14 2016
India Consumer Inflation Slows in February  
Consumer prices in India increased 5.18 percent year-on-year in February of 2016, lower than 5.69 percent in January and below market expectations of 5.6 percent. Consumer inflation eased for the first time in seven months, reaching the lowest since October due a slowdown in food cost.
Monday March 14 2016
India WPI Drops for 16th Straight Month  
Indian wholesale prices fell by 0.91 percent year-on-year in February of 2016, as compared to a 0.90 percent drop in January and missing market consensus of a 0.27 percent fall. Prices of food eased further while cost of petrol and manufactured declined at a slower pace.
Monday February 15 2016
India WPI Falls for 15th Straight Month  
Indian wholesale prices fell by 0.90 percent year-on-year in January of 2016, as compared to a 0.73 percent drop in December and above market consensus. Prices of food eased while cost of petrol and manufactured declined at a slower pace.
Friday February 12 2016
India Consumer Inflation Rises to 17-Month High  
Consumer prices in India went up 5.69 percent year-on-year in January of 2016, higher than 5.61 percent in December of 2015 and accelerating for the sixth straight month. It is the highest figure since August of 2014 and above market expectations of 5.4 percent. Food inflation increased to 6.85 percent from 6.4 percent in December, also the highest in seventeen months.
Monday February 08 2016
India GDP Advances 7.3% in Q4  
The Indian economy expanded 7.3 percent year-on-year in the last three months of 2015, slowing from an upwardly revised 7.7 percent growth in the previous quarter but in line with market expectations. The manufacturing sector surged 12.6 percent while farm output shrank 1 percent.
Tuesday February 02 2016
RBI Leaves Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent during the meeting held on February 2nd, as expected. While awaiting further data on inflation, policymakers said they would stay accommodative but look forward to the government's budget statement at the end of February.
Thursday January 14 2016
India WPI Drops for 14th Straight Month in December  
Indian wholesale prices fell by 0.73 percent year-on-year in December of 2015, as compared to a 1.99 percent drop in November and above market consensus. Prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Tuesday January 12 2016
India Consumer Inflation Rate at 15-Month High  
Consumer prices in India rose 5.61 percent year-on-year in December of 2015, accelerating for the fifth straight month and reaching the highest since September of 2014, in line with market expectations. Food inflation was 6.4 percent, up from 6.07 percent in November.
Monday December 14 2015
India Consumer Inflation Quickens to 13-Month High  
Consumer prices in India grew 5.41 percent year-on-year in November of 2015, higher than a 5 percent rise in October and in line with market expectations. It is the highest inflation rate since October of 2014 boosted by a surge in food cost.
Monday December 14 2015
India WPI Drops for 13th Straight Month in November  
Indian wholesale prices fell by 1.99 percent year-on-year in November of 2015, slowing from a 3.81 percent drop in October, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace. 
Tuesday December 01 2015
RBI Keeps Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 6.75 percent, as expected. Policymakers said they will monitor commodity prices, especially food and oil, while tracking inflationary expectations and external developments.
Monday November 30 2015
India GDP Growth Beats Expectations  
The Indian economy expanded 7.4 percent year-on-year in the three months to September of 2015, following an upwardly revised 7.1 percent expansion in the second quarter. Figures came better than market expectations of a 7.3 percent increase, boosted by financial, real estate and insurance activities and manufacturing.
Monday November 16 2015
India WPI Falls for 12th Straight Month in October  
Indian wholesale prices declined by 3.81 percent year-on-year in October of 2015, slowing from a 4.54 percent drop in September, as prices of food rose higher than in the previous month while cost of petrol and manufactured declined at a slower pace.
Thursday November 12 2015
India Consumer Inflation Quickens to 5%  
Consumer prices in India grew 5 percent year-on year in October of 2015, compared to 4.41 percent in September. It is the highest inflation rate in in four months boosted by higher than expected rise in cost of food.
Wednesday October 14 2015
India WPI Deflation Eases in September  
Indian wholesale prices fell 4.54 percent year-on-year in September of 2015, slowing from a 4.95 percent drop in the previous month as a rise in prices of food offset a further decline in cost of petrol. The wholesale inflation has been in negative territory since November of 2014.
Monday October 12 2015
India Consumer Inflation Above Forecasts  
Consumer prices in India increased 4.41% yoy in September, following an upwardly revised 3.74% rise in August. It is the highest inflation rate in three months driven by food prices.
Tuesday September 29 2015
India Cuts Repo Rate by 50 Bps to 6.75%  
The Reserve Bank of India cut its benchmark repo rate by a higher-than-expected 50 bps to 6.75 percent on September 29th, 2015. It is the fourth reduction this year, bringing the rate to the lowest since April of 2011, as policymakers tried to bolster the economy.
Monday September 14 2015
India Inflation Rate Falls to Fresh Record Low  
Consumer prices in India increased 3.66 percent year-on-year in August of 2015, slowing slightly from a revised 3.69 percent rise in July and in line with market expectations. The inflation rate fell to a fresh record low in August, staying below the central bank’s 6 percent target for the 11th month in a row.
Monday September 14 2015
India WPI Deflation Deepens in August  
Indian wholesale prices fell 4.95 percent year-on-year in August of 2015, following a 4.05 percent drop in the previous month as cost of manufactured products and diesel declined more than in July. The wholesale inflation has been in negative territory since November of 2014.
Monday August 31 2015
India GDP Growth Disappoints  
The Indian economy expanded 7 percent year-on-year in the second quarter of 2015, slowing from a 7.5 percent growth in the previous period and below market expectations of 7.4 percent. While services and manufacturing grew at a slower pace; mining and construction accelerated and agriculture reported expansion.
Friday August 14 2015
India WPI Deflation Worsens in July  
Indian wholesale prices fell 4.05 percent year-on-year in July of 2015, following a 2.40 percent drop in the previous month and missing market forecasts, as cost of petrol declined further while prices of food dropped. The wholesale inflation has been in negative territory since November of 2014.
Wednesday August 12 2015
Inflation Rate in India At Record Low in July  
Consumer prices in India increased 3.8 percent year-on-year in July of 2015, down from 5.4 percent reported in May. It is the lowest figure on record as food cost rose at a slower pace.
Tuesday August 04 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.25 percent, as expected. Policymakers said they await greater transmission of its monetary easing cycle embarking since January this year and leave possibilities for a more accommodative policies, depending on inflation outlook and possible action from the Federal Reserve.
Tuesday July 14 2015
India WPI Deflation at 2.40% in June  
Indian wholesale prices fell 2.40 percent year-on-year in June of 2015, following a 2.36 percent drop in the previous month, as the decline in cost of petrol eased while prices of food slowed further. The wholesale inflation has been in negative territory since November of 2014.
Monday July 13 2015
India's Inflation Rate at 8-Month High  
Consumer prices in India increased 5.4 percent year-on-year in June of 2015, compared to 5.01 percent in May. It is the highest figure since October last year due to stronger rise in food prices.
Monday June 15 2015
India WPI Deflation Eases in May  
Indian wholesale prices fell 2.36 percent year-on-year in May of 2015, following a 2.65 percent drop in the previous month, as a decline in petrol prices eased while food cost slowed. The index has been in the negative territory since November 2014.
Friday June 12 2015
India Consumer Inflation Rises to 5.01% in May  
Consumer prices in India increased 5.01 percent year-on-year in May of 2015, compared to 4.87 percent in April. The figure matched market expectations as cost of transport rose and prices of fuel and light advanced at a faster pace.
Tuesday June 02 2015
India Cuts Repo Rate for a Third Time This Year  
The Reserve Bank of India cut its benchmark policy rate by 25 bps to 7.25 percent as expected during the June 2nd meeting saying that the move is a more appropriate given low capacity utilization, mixed indicators of recovery, and subdued investment and credit growth.
Friday May 29 2015
India Economic Growth Accelerates in Q1  
India's GDP advanced 7.5 percent year-on-year in the first quarter of 2015, up from a downwardly revised growth of 6.6 percent in the previous period supported by a strong expansion in manufacturing and services sectors.
Thursday May 14 2015
India WPI Deflation Worsens in April  
Indian wholesale prices fell 2.65 percent year-on-year in April of 2015, following a 2.33 percent drop in the previous month, as petrol prices declined further while food cost slowed. The index has been in the negative territory since November 2014.
Tuesday May 12 2015
India Consumer Inflation Falls to 5-Month Low  
CPI inflation in India slowed for the second consecutive month to 4.87 percent in April of 2015 from an upwardly revised 5.25 percent in March, dragged down by lower food prices.
Wednesday April 15 2015
India WPI Deflation Deepens in March  
Indian wholesale prices fell 2.33 percent year-on-year in March of 2015, following a 2.06 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Monday April 13 2015
India Consumer Inflation Slows Slightly  
India annual CPI inflation decreased to 5.17 percent in March of 2015 from 5.37 percent in February, below market expectations. It is the lowest rate in three months due to a slowdown in food cost.
Tuesday April 07 2015
RBI Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate on hold at 7.5 percent in April, following a surprise rate cut last month. Policymakers said will allow the disinflationary momentum to spread through the economy while waiting for commercial banks to cut lending rates.
Monday March 16 2015
India WPI Deflation Deepest Since 1976  
Indian wholesale prices fell 2.06 percent year-on-year in February of 2015, following a 0.39 percent drop in the previous month, as petrol prices declined while food cost slowed. The figure came far below market forecasts and is the deepest decline since November of 1976.
Thursday March 12 2015
India Consumer Inflation At 4-Month High  
India CPI inflation increased to 5.37 percent in February of 2015 from a revised 5.19 percent in the previous month driven by higher food prices.
Wednesday March 04 2015
RBI Cuts Repo Rate to 7.5%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.5 percent in a surprise meeting on March 4th. It is the second rate cut this year, citing slowing inflation, weak growth and important government reforms.
Monday February 16 2015
India WPI Inflation Turns Negative  
Indian wholesale prices dropped 0.39 percent year-on-year in January of 2015, following a 0.11 percent increase in the previous month, as petrol prices declined. It is the first negative figure since June of 2009.
Thursday February 12 2015
India Consumer Inflation Rises on New Base Year  
India CPI inflation rose for the second consecutive month to 5.11 percent in January from 5 percent in the previous month, after the country changed the base year for calculating consumer prices.
Monday February 09 2015
India's GDP Grow Faster Than China's in Q4  
India's economy advanced 7.5 percent year-on-year in the last quarter of 2014, following a revised 8.2 percent rise in the previous period as the way the GDP is calculated changed.
Tuesday February 03 2015
India Holds Policy Rate Unchanged  
The Reserve Bank of India left its benchmark repo rate at 7.75 percent, as policymakers waited for more evidence of last month's rate cut and indicated that the key to further easing are continuing disinflationary pressures and sustained fiscal consolidation.
Thursday January 15 2015
India Cuts Policy Rate to 7.75%  
The Reserve Bank of India cut its benchmark policy repo rate by 25 bps to 7.75 percent in a surprise meeting on January 15th, aiming to boost growth amid slowing inflation. Policymakers also signaled further monetary easing, depending on continuing disinflationary pressures, fiscal consolidation and supply constraints.
Friday January 16 2015
India Wholesale Inflation at 0.11% in December  
Indian wholesale prices increased by 0.11 percent in December of 2014 after being flat in the previous month driven by a surge in food cost.
Monday January 12 2015
India Consumer Inflation Climbs to 5%  
Indian CPI inflation increased for the first time in five months to 5 percent in December of 2014 from a record-low of 4.38 percent the previous month and driven by higher food prices.
Monday December 15 2014
India's Wholesale Prices Unchanged in November  
Indian wholesale price inflation was recorded at 0 percent in November, down from 1.77 percent in October. It is the lowest rate in nearly 5-1/2 years, mainly due to a fall in fuel prices and lower food cost.
Friday December 12 2014
India Consumer Inflation at 4.38%  
Indian consumer inflation slowed for the fourth straight month to a fresh record-low of 4.38 percent in November as food prices kept its downward trend.
Tuesday December 02 2014
India Leaves Monetary Policy Unchanged  
The Reserve Bank of India left the benchmark repo rate on hold at 8 percent on December 2nd, saying a change in monetary policy in current conditions is premature. However, policymakers added that adjustments may occur next year if inflation continues to ease and fiscal developments are encouraging.
Friday November 28 2014
India Economic Growth Weakens in Q3  
India's GDP advanced faster than expected 5.3 percent in the third quarter of 2014, yet below 5.7 percent reported from April to June. The expansion was dragged down by weaker manufacturing while services growth remained strong.
Friday November 14 2014
India WPI Down Further in October  
Indian annual wholesale price inflation was recorded at 1.77 percent in October, slowing further from a 2.38 percent increase in September. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Friday November 14 2014
India Consumer Inflation Beats Expectations  
Indian consumer inflation eased to a new record-low of 5.52 percent in October of 2014 as food prices slowed sharply.
Tuesday October 14 2014
India WPI Inflation Falls to New Five-Year Low in September  
Indian annual wholesale price inflation was recorded at 2.38 percent in September of 2014, slowing from a 3.74 percent increase in August. It is the lowest rate since October of 2009, mainly due to a fall in prices of food and petrol.
Monday October 13 2014
India Consumer Inflation Down to Record Low  
Indian consumer inflation slowed for the second consecutive month to 6.46 percent in September of 2014, from a revised 7.73 percent in August. It is the lowest rate on record mainly driven by lower food prices.
Tuesday September 30 2014
India Keeps Policy Rate at 8%  
At its September 30th meeting, the Reserve Bank of India left the repo rate on hold at 8 percent, waiting for more evidence that inflation rate is slowing.
Monday September 15 2014
India WPI Inflation Down to 5-Year Low  
Indian wholesale price index rose 3.74 percent year-on-year in August of 2014, slowing from a 5.19 percent increase in July. It is the lowest rate since October of 2009 mainly due to a fall in prices of vegetables and oil.
Friday September 12 2014
India Consumer Inflation Edges Down in August  
Indian consumer prices rose by an annual 7.8 percent in August of 2014, slowing slightly from 7.96 percent in July. Provisional estimates showed the annual food inflation accelerated to 9.42 percent.
Friday August 29 2014
India Economy Expands 5.7% in Q2  
India's GDP advanced faster than expected 5.7 percent in the second quarter of 2014, up from 4.6 percent expansion reported in the first three month of the year. It is the highest growth rate reported since the fourth quarter of 2011.
Thursday August 14 2014
India's WPI Inflation At Five-Month Low in July  
India's wholesale price inflation in July eased to a five-month low of 5.19 percent, as cost of fuel moderated.
Tuesday August 12 2014
India Inflation Rate Surges in July  
Indian annual inflation rate accelerated to 7.96 percent in July of 2014 from 7.31 percent in the previous month driven by higher food prices.
Tuesday August 05 2014
Reserve Bank of India Leaves Rate on Hold  
At its August 5th meeting, the Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank by 50 bps to 22 percent, aiming to increase bank credit.
Monday July 14 2014
India Consumer Inflation Down to Record Low  
Indian consumer prices rose by an annual 7.31 percent in June of 2014, the lowest rate on record. The inflation rate slowed for the second straight month, due to lower food prices.
Monday July 14 2014
India Wholesale Inflation Slows in June  
Indian wholesale annual inflation rate slowed to 5.43 percent in June of 2014 from 6.01 percent in the previous month. It is the lowest rate in four months, as prices of onion and vegetables fell further and fuel cost rose at the slowest pace this year.
Monday June 16 2014
India WPI Inflation Up to 5-Month High  
Indian wholesale annual inflation rate accelerated to 6.01 percent in May of 2014 from 5.2 percent in the previous month, driven by higher fuel and food cost.
Thursday June 12 2014
India Consumer Inflation Declines in May  
Indian annual consumer prices decelerated to 8.28 percent in May of 2014 from 8.59 percent in April. It is the lowest rate in three months as food prices slowed slightly.
Tuesday June 03 2014
India Holds Policy Rate at 8%  
At its June 3rd, 2014 meeting, Reserve Bank of India left the repo rate at 8 percent, but cut the amount of government bonds banks must hold with the central bank - the statutory liquidity ratio - by 50 bps to 22.5 percent, aiming to increase bank credit.
Friday May 30 2014
Indian Economic Growth Decelerates in Q1  
In the first quarter of 2014, India's GDP growth slowed to 4.6 percent yoy from a 4.7 percent expansion registered in the previous period. The output was mainly hurt by a contraction in the manufacturing sector.
Thursday May 15 2014
India WPI Inflation Slows in April  
Indian wholesale inflation rate decelerated to a two-month low of 5.2 percent in April of 2014 from 5.7 percent in the previous month, as prices of food and fuel slowed.
Monday May 12 2014
India Consumer Inflation Up to 3-Month High  
Indian annual consumer prices accelerated for the second straight month to 8.59 percent in April of 2014, from 8.31 percent in March, driven by higher cost of fruits and vegetables.
Tuesday April 15 2014
India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
Tuesday April 15 2014
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
Tuesday April 01 2014
India Leaves Rates on Hold  
In its April 1st, 2014 meeting, Reserve Bank of India decided to leave the policy repo rate unchanged at 8 percent and decided to officially start using consumer price inflation to determine its monetary policy.
Friday March 14 2014
India Wholesale Inflation Slows for 3rd Straight Month  
In February of 2014, Indian annual wholesale price index decelerated to 4.68 percent, reaching the lowest rate in nine months, as food and fuel prices moderated. A year ago, the inflation was recorded at 7.28 percent.
Wednesday March 12 2014
India Consumer Inflation Edges Down in February  
Indian annual inflation rate slowed to a 25-month low of 8.1 percent in February of 2014. Provisional figures showed prices of vegetables eased the most on the year.
Friday February 28 2014
Indian GDP Grows Below Expectations  
In the fourth quarter of 2013, Indian economic growth slowed to 4.7 percent over a year earlier, down from a 4.8 percent expansion in the previous period, hurt by a contraction in manufacturing and mining output.
Friday February 14 2014
India Wholesale Inflation Slows to 8-Month Low  
In January of 2014, Indian annual WPI eased for the second straight month to 5.05 percent, the lowest rate since May of 2013, as food prices slowed and mineral cost fell.
Wednesday February 12 2014
India Consumer Inflation Slows to 24-Month Low  
In January of 2014, Indian consumer price inflation decelerated to 8.79 percent, the lowest annual rate since January of 2012, due to lower food prices.
Tuesday January 28 2014
Reserve Bank of India Raises Rates  
In its January 2014 meeting, Reserve Bank of India decided to raise the policy repo rate by 25 bps to 8 percent to handle currency pressure and curb persistently high inflation.
Wednesday January 15 2014
Indian WPI Slows to 5-Month Low in December  
In December of 2013, Indian headline inflation rate slowed to 6.16 percent, the lowest rate in five months as vegetable prices, mainly onions, slowed due to a new harvest. On a monthly basis, prices fell 1.27 percent.
Wednesday December 18 2013
Reserve Bank of India Leaves Policy Rates on Hold  
In its December meeting, the Reserve Bank of India kept its rates on hold following two successive 25 basis points hikes. The Bank decided to wait for further data despite high levels of inflation.
Monday December 16 2013
Indian WPI Inflation Rises to 14-Month High in November  
In November, India's headline inflation rate edged up to 7.5 percent, from 7.0 percent a month earlier. Prices rose at its faster pace since September of 2012 mainly due to higher food articles and energy costs.
Friday November 29 2013
Indian GDP Growth Beats Expectations  
In the third quarter of 2013, Indian economy advanced 4.8 percent over a year earlier, up from 4.4 percent in the previous three-month period, led by a surge in agriculture production and construction. Although third quarter figures came above market expectations, the economy grew below 5 percent for the fourth straight quarter.
Thursday November 14 2013
Indian Wholesale Inflation Accelerates to 7% in October  
In October of 2013, India’s annual headline inflation rose for the fifth straight month to an eight-month high of 7 percent, mainly due to higher prices of fuel and manufactured goods.
Tuesday October 29 2013
India Raises Policy Repo Rate to 7.75%  
The Reserve Bank of India has raised its policy repo rate for the second consecutive month by 25 basis points to fight high inflation and rolled back an emergency measure put in place in July to support the rupee.
Monday October 14 2013
Indian Inflation Speeds Up to 7-Month High in September  
In September, India's headline inflation rate based on monthly WPI rose to 6.5 percent from 6.1 percent in August, hitting its highest level since February of 2013. The speed up is broadly due to higher prices for food.
Friday September 20 2013
Reserve Bank of India Raises the Repo Rate to 7.5%  
The Reserve Bank of India decided on September 20th to raise the repo rate by 25 bps to 7.5 percent, in an attempt to refrain inflationary pressures. At the same time, it reduced the marginal standing facility rate by 75 bps to 9.5 percent to preserve the value of the rupee, while scaled back the minimum daily cash reserve ratio banks must keep with the central bank.
Monday September 16 2013
Indian Inflation Rate Rises to 6.1% in August  
In August, India's headline inflation rate, based on monthly WPI, rose to 6.10 percent from 5.79 percent in July and is the highest in six months. The speed up is mainly due to higher prices for food and energy.
Friday August 30 2013
India’s Economy Expands 4.4% in Q2  
India's Gross Domestic Product grew at 4.4 percent in the second quarter of 2013, the worst quarterly rate since 2002, hurt by a decline in mining and manufacturing.
Wednesday August 14 2013
Indian Inflation Rises to 5-Month High in July  
In July, India's headline inflation rate, based on monthly WPI, rose to 5.79 percent from 4.86 percent in June, mainly driven by higher food prices and more expensive imports due to a falling rupee.
Tuesday July 30 2013
Reserve Bank of India Leaves Rates on Hold  
Reserve Bank of India decided on July 30th to leave the repo rate unchanged at 7.25 percent, to support the rupee and citing increasing risks to growth outlook.
Monday July 15 2013
India's Annual Inflation Rate Up to 4.86% in June  
India's annual rate of inflation, based on monthly WPI, quickened to 4.86 percent in June as compared to 4.70 percent in May due to higher cost of food.
Monday June 17 2013
India's Reserve Bank Keeps Rates Unchanged Amid Inflationary Risks  
The RBI decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 7.25 per cent and to keep the cash reserve ratio of scheduled banks unchanged at 4.0 per cent of their net demand and time liabilities. The Central Bank warned of upward risks to inflation posed by a falling rupee and increases in food prices.
Friday June 14 2013
India's Inflation Slows to 4.7% in May  
India's annual rate of inflation, based on the Wholesale Price Index, stood at 4.70 percent (provisional) for the month of May as compared to 4.9 percent in the previous month, the lowest level in more than three years.
Monday August 12 2013
India's Economy is Bound for Slower Growth in 2013  
In recent months, Indian government has introduced pro-business economic reforms and outlined plans to increase spending on capital investment and large-scale social programs. Yet, it looks like is too little and too late. In the first three months of 2013, the GDP growth slowed to 4.8 percent and it is likely to go down further due to weak consumption, capital investment and declining government spending.
Friday May 31 2013
India's Economy Makes Timid Recovery in Q1  
India's quarterly Gross Domestic Product grew at 4.8 percent in the first quarter of 2013, only slightly better than an upwardly revised 4.7 percent growth in the previous three months. While Services were the largest contributor to growth, Manufacturing rose only 2.6 percent, Electricity, gas and water supply increased 2.8 percent, Agriculture, forestry and fishing were up 1.4 per cent and Mining and quarrying declined 3.1 percent.
Tuesday May 14 2013
India Inflation Rate Down to 4.9% in April  
The annual rate of inflation, based on monthly WPI, stood at 4.89 percent for the month of April 2013 (over April 2012) as compared to 5.96 percent for the previous month and 7.50 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 0.53 percent compared to a build up rate of 1.55 percent in the corresponding period of the previous year.
Monday May 13 2013
India Trade Deficit Widens in April  
India’s trade deficit rose in April from the same month a year earlier as imports of gold and silver increased more than twice, underlying an improvement in exports.
Friday May 03 2013
Reserve Bank of India Cuts Interest Rate by 25bps to 7.25%  
Based on an assessment of the current and prospective macroeconomic situation, the RBI has decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.5 per cent to 7.25 percent.
Thursday April 18 2013
India Trade Deficit Narrows in March  
India's exports rose 15 percent in February 2013 from a year earlier to INR 1678 billion, while imports rose 5 percent to INR 2239 billion leaving a trade deficit of INR 561 billion, according to trade ministry data.
Monday April 15 2013
India Inflation Rate Down to 5.96% in March  
The annual rate of inflation, based on monthly WPI, stood at 5.96 percent for the month of March, 2013 (over March, 2012) as compared to 6.84 percent for the previous month and 7.69 percent during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 5.96 percent compared to a build-up rate of 7.69 percent in the corresponding period of the previous year.
Tuesday March 19 2013
Reserve Bank of India Cuts Interest Rate by 25 Basis Points  
Based on an assessment of the current macroeconomic situation, the Reserve Bank of India decided to reduce the policy repo rate under the liquidity adjustment facility (LAF) by 25 basis points from 7.75 percent to 7.5 percent with immediate effect. Consequently, the reverse repo rate under the LAF stands adjusted to 6.5 percent and the marginal standing facility rate and the Bank Rate to 8.5 percent with immediate effect.
Thursday March 14 2013
India Inflation Rate Up tp 6.84% in February  
The annual rate of inflation, based on monthly WPI, stood at 6.84% (Provisional) for the month of February, 2013 (over February, 2012) as compared to 6.62% (Provisional) for the previous month and 7.56% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.71% compared to a build up of 6.56% in the corresponding period of the previous year.
Monday March 11 2013
India Trade Deficit Narrows in February  
India's exports rose 4.25 per cent in February 2013 from a year earlier to INR 1412 Billion, while imports rose 2.6 per cent to INR 2214 billion, leaving a trade deficit of INR 802 billion, according to trade ministry data.
Friday May 31 2013
India’s GDP Growth Slows More Than Expected  
Recent updates for India are showing further deterioration of its economy. In the first three months of 2013, the GDP growth slowed to 4.8 percent; the ninth consecutive quarter of expansion below 8 percent.
Thursday February 28 2013
India's Economic Growth Eases More than Expected in Q4  
In the fourth quarter of 2012, India's economy grew only 4.5 percent due to the widespread weakness in farm, mining and manufacturing output.
Thursday February 28 2013
India's GDP Growth Slows to 4.5% in Q4  
India's quarterly GDP at factor cost at constant (2004-05) prices for Q3 of 2012-13 is estimated at Rs. 14,11,594 crore, as against Rs. 13,51,252 crore in Q3 of 2011-12, showing a growth rate of 4.5 percent over the corresponding quarter of previous year.
Thursday February 14 2013
India Inflation Slows to 6.62 Percent in January of 2013  
The annual rate of inflation, based on monthly WPI, stood at 6.62% for the month of January of 2013 (over January of 2012) as compared to 7.18% for the previous month and 7.23% during the corresponding month of the previous year. Build up inflation in the financial year so far was 5.09% compared to a build up of 6.15% in the corresponding period of the previous year.
Wednesday February 13 2013
India's Trade Deficit Widens in January  
India recorded a trade deficit of Rs. 1086.12 billion in January of 2013, compared to a Rs. 965.73 billion deficit in the previous month.
Tuesday January 29 2013
India's Central Bank Cuts Interest Rates By 25 Basis Points  
The Reserve Bank of India decided to cut its reference interest rate from 8 percent to 7.75 percent.
Friday January 18 2013
India's Trade Deficit Narrows in December  
India's trade deficit stood at Rs. 965.73 billion in December.
Monday January 14 2013
India Inflation Rate at 7.18 Percent in December  
The annual rate of inflation, based on monthly WPI, stood at 7.18 percent for the month of December of 2012 over December of 2011 as compared to 7.24 percent for the previous month and 7.74 percent during the corresponding month of the previous year.
Tuesday December 18 2012
India Keeps Interest Rate Unchanged  
On the basis of the current macroeconomic assessment, the Reserve Bank of India has been decided to keep the cash reserve ratio unchanged at 4.25 per cent and keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 8.0 per cent.
Friday December 14 2012
India Inflation Down to 7.24 Percent in November  
The annual rate of inflation, based on monthly WPI, stood at 7.24 percent (Provisional) for the month of November, 2012 (over November, 2011) as compared to 7.45 percent (Provisional) for the previous month and 9.46 percent during the corresponding month of the previous year. Build up inflation in the financial year so far was 4.84 percent compared to a build up of 5.28 percent in the corresponding period of the previous year.
Wednesday December 12 2012
India Annual Inflation Rate Down to 7.45 Percent in October  
The annual rate of inflation, based on monthly WPI, stood at 7.45 percent (Provisional) for the month of October, 2012 (over October, 2011) as compared to 7.81 percent (Provisional) for the previous month and 9.87 percent during the corresponding month of the previous year.
Tuesday December 11 2012
India's Trade Deficit Narrows in November  
India's trade deficit stood at Rs. 1056.48 billion in November as imports increase to Rs. 2277.96 billion while exports sink to 1221.48 billion.
Tuesday December 11 2012
India Keeps Interest Rate Unchanged  
The Reserve Bank of India has kept interest rates unchanged, but decreased reserve requirements, as the economic growth is falters under weakened global demand.
Tuesday December 11 2012
India's GDP Growth Slows to 5.3 Percent in Q3  
India’s economy has expanded by just 0.6 over the previous quarter and 5.3 percent over the previous year in the third quarter.
Wednesday November 30 2011
India's GDP Growth Slows to 6.9%  
The Indian economy expanded at its slowest pace in more than two years in the July-September quarter, hurt by high local borrowing costs and a deepening euro-zone crisis.
Tuesday August 30 2011
India's Economy Grows 7.7% in Q2  
India's economy grew 7.7% in the three months from April to June, compared with the same period of 2010.
Tuesday May 31 2011
India GDP Growth Slows to 7.8%  
India's economy rose 7.8 percent in the three months ended March 31 from a year earlier, after a revised 8.3 percent gain in the previous quarter, the Central Statistical Office said in a statement in New Delhi on May 31. That’s the slowest pace in five quarters.
Tuesday March 01 2011
India GDP Growth Slows to 8.2% in Q4  
India's economy grew 8.2% compared to the same period a year earlier between October and December, government data showed on March 1.
Thursday December 02 2010
India GDP Surges 8.9% in the Third Quarter  
India's domestically-powered economy grew more than expected in the September quarter, defying weakness elsewhere and putting pressure on the Reserve Bank of India (RBI) to tighten monetary policy although a rate increase next month still looks unlikely.
Sunday September 05 2010
India’s Second Quarter GDP Rises To 8.8%  
India's economy expanded 8.8% in the second quarter from a year earlier, compared to an 8.6% on-year expansion in the first, lifted by robust activity in manufacturing.
Wednesday June 02 2010
Is India's High Growth Sustainable?  
After almost 7% growth in 2008/09 fiscal year, in the first three months of 2010 India's economy expanded 8.6% boosted by industrial production and services. But, is the third largest economy in Asia able to keep its high rate of growth?
Monday May 31 2010
Indian Economic Growth Accelerates to 8.6%  
India’s economic growth accelerated in the first quarter, adding pressure on the central bank to raise interest rates even as Europe’s sovereign-debt crunch threatens the global recovery.
Thursday March 11 2010
Can India Reach 10% Growth Rate?  
After three years of growth over 9%, India's economy expended 6.7% in 2008/09 fiscal year, weathering surprisingly well global crisis and poor monsoon. This year projections start at 7.2%, some even believe that India can overtake China as the fastest growing nation in the world. But can the government of third largest economy in Asia be able to achieve this goal?
Thursday January 21 2010
India's Economy May Overheat in 2010  
In the third quarter of 2009, India's economy expanded 7.9%. And although it is expected that in the last three months of 2009, the third largest economy in Asia might have recorded growth over 8%, the beginning of 2010 may surprise us on the negative side. 
Monday November 30 2009
India’s Economy Expands 7.9%  
India’s economy expanded at the fastest pace in six quarters as manufacturing jumped, giving the central bank room to withdraw more stimulus measures.
Wednesday November 04 2009
Poor Monsoon Challenges India Pace of Growth  
This week, India’s finance minister announced the government would keep its fiscal stimulus as poor monsoon and uncertain global outlook threaten the country’s growth. This statement also made clear the second fastest growing economy in the world, may be struggling in keeping current 6% pace of expansion.
Friday September 04 2009
India’s GDP Growth May be Halted by a Drought  
In the second quarter of 2008 India economy expended 6.1%, after growing 5.8% in the first quarter. And although it is less than average recorded during last three years, India is still the second fastest growing economy in the world after China.
Friday June 05 2009
India May Emerge From the Slowdown This Year  
Although India’s economy grew a better-than-expected 5.8 per cent in the first quarter of 2009 is still beyond the government initial expectations. Indeed, with an ongoing global economic crisis squeezing bank’s liquidity and cooling the exports sector, India’s government can forget about reaching a two-digit growth rate in the near future.
Thursday April 23 2009
India is Fighting the Slowdown  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Sunday February 15 2009
India Is Under Threat From The Global Recession  
Only a few months ago, India’s government was confident that the country was on its way to reach a two-digit growth rate. But with the ongoing global financial crisis squeezing bank’s liquidity and cooling the country’s exports, India’s economy is heading to a sharp downturn.
Friday January 02 2009
India Cuts Rates  
India cut interest rates for the fourth time since October and unveiled another stimulus package to counter the effect of the global recession on Asia's third- largest economy.
Monday December 08 2008
India Cuts Interest Rates  
India’s central bank cut interest rates for the third time in less than two months after last week’s terror attacks shook investor confidence in an economy already weakened by a global recession.
Monday December 01 2008
India Exports Fall in October  
India’s exports declined for the first time in seven years as recession in its biggest markets in the U.S. and Europe damped demand for the nation’s products.
Friday November 28 2008
India’s Economy Expands 7.6%  
India’s economy grew at the slowest pace since 2004 last quarter, increasing pressure on the central bank to cut interest rates.
Thursday November 13 2008
India's Inflation Rate Declines  
India's inflation rate fell the most in at least 18 years, increasing speculation the central bank may make further unscheduled interest-rate cuts to shield the economy from a global slowdown.
Thursday November 06 2008
India Inflation Rate Holds Near Lowest in Five Months  
India's inflation held near a five- month low, validating the central bank's decision to reduce interest rates to bolster economic growth.
Tuesday November 04 2008
India Exports Slow  
India's exports grew at the slowest pace in 18 months in September as a weakening global economy damped demand for the nation's products.
Friday October 31 2008
India Inflation Is Under 11%  
India's inflation rate fell below 11 percent for the first time since May, giving the central bank room to reduce interest rates.
Thursday October 23 2008
India's Inflation Slows  
India's inflation slowed more than economists expected to a four-month low, vindicating the central bank's decision this week to cut interest rates to shore up a slowing economy.
Monday October 20 2008
India Lowers Key Rate  
India's central bank unexpectedly lowered its key repurchase rate for the first time since 2004 as the global credit-market turmoil threatens to plunge the world economy into recession.
Wednesday October 01 2008
India's August Trade Gap Doubles  
India's trade deficit almost doubled to a record in August as a surge in crude oil prices increased the nation's import bill and overseas sales of goods slowed.
Friday September 26 2008
India's Inflation Holds Near Lowest Level in 5 Weeks  
India's inflation held near a five- week low, giving the central bank room to keep borrowing costs unchanged and avoid placing funding pressures on lenders spooked by the U.S. financial meltdown.
Wednesday September 17 2008
Rupee Rebounds From Two-Year Low  
India's rupee rebounded from a two- year low, gaining the most in almost two months, after the central bank announced measures to boost dollar supply and curb exchange-rate swings.
Tuesday September 16 2008
Indian Rupee Falls Most in Decade  
India's rupee fell the most in a decade on speculation turmoil on Wall Street will heighten risk aversion among global investors, boosting sales of emerging- market assets.
Monday September 15 2008
India's Inflation Slows for a Third Week  
India's inflation slowed for a third straight week, signaling that the central bank's three interest-rate increases since early June are beginning to work.
Monday September 01 2008
Indian Rupee Drops  
India's rupee declined by the most in a week on speculation losses in equities will prompt global funds to reduce their local holdings.
Monday September 01 2008
Indian Export Growth Rises to Fastest in Three Months  
India's exports accelerated at the fastest pace in three months in July as companies shipped more gems, auto parts, medicines and other manufactured products to overseas markets.
Friday August 29 2008
Indian Growth Slowest for 3 Years  
India's economy grew at the slowest pace since 2004 last quarter as decade-high inflation and increased borrowing costs damped consumer spending.
Thursday August 28 2008
India's Inflation Rate Near Highest in 16 Years  
India's inflation held near a 16- year high as floods in half the country damaged crops and disrupted food supplies.
Thursday August 28 2008
Indian Rupee Falls as Importers Buy Dollars  
India's rupee declined on speculation importers bought dollars to pay month-end bills.
Wednesday August 27 2008
Indian Rupee Rises  
India's rupee rose, ending two days of losses, on speculation the central bank will seek gains in the currency to curb the fastest price increases in 16 years.
Tuesday August 26 2008
Rupee Pares Losses  
India's rupee rebounded from a 17- month low, paring losses, on speculation the central bank bought the currency to prevent declines from adding to inflation.
Tuesday August 26 2008
Indian Stocks Gain  
India's stocks benchmark index rose, erasing earlier losses, after crude oil fell, easing concern that energy costs will stoke inflation.
Tuesday August 26 2008
India to Unveil Economic Growth for Q2  
India will announce the pace of economic growth in the fiscal first quarter ended June as the highest interest rates in seven years cool consumer demand for homes, cars and appliances.
Tuesday August 26 2008
India's Central Bank May Need to Rise Interest Rates  
India's central bank should raise interest rates as inflation at a 16-year high hurts the government's electoral prospects before a vote due by May, according to the finance ministry's top economist.
Monday August 25 2008
Indian Rupee Declines to 17-Month Low  
India's rupee closed at the weakest level in 17 months on speculation importers bought dollars to settle bills.
Monday August 25 2008
India Inflation Accelerates to 16-Year High of 12.63%  
India's inflation accelerated to the fastest pace in more than 16 years, increasing the likelihood the central bank will raise interest rates for a fourth time since June.
Sunday July 27 2008
Inflation in India rises to 11.91%  
Inflation in India escalated to 11.91 per cent, a 13 year high during the week ended in July 5.The Whole Price Index based inflation was as low as 4.46 per cent in January and slowly increased to 5.27 per cent in February, 7.25 per cent in March and 7.41 per cent in April.
MORE RELATED NEWS

LATEST NEWS

Wednesday September 19 2018
Russian Jobless Rate Falls to New Record Low  
Russian unemployment rate dropped to a fresh record low of 4.6 percent in August 2018 from 4.7 percent in the previous month, and compared to last year's figure of 4.9 percent. The number of unemployed decreased by 2.7 percent from a month earlier.
Wednesday September 19 2018
US Housing Starts Above Forecasts  
Housing starts in the US jumped 9.2 percent from a month earlier to an annualized rate of 1,282 thousand in August of 2018, recovering from a 0.3 percent drop in July and beating market expectations of a 5.8 percent rise. Starts increased in the South, the Midwest and the West and were flat in the Northeast.
Wednesday September 19 2018
UK Inflation Rises Unexpectedly to 6-Month High  
Consumer price inflation in the UK rose to an annual rate of 2.7 percent in August 2018 from 2.5 percent in the previous month and comfortably above market expectations of 2.4 percent. It was the highest inflation rate since February mainly boosted by rising prices of transport, recreation & culture, and food & non-alcoholic beverages.
Wednesday September 19 2018
South Africa Inflation Rate Unexpectedly Slows to 4.9%  
The annual inflation rate in South Africa dropped to 4.9 percent in August 2018 from a 10-month high of 5.1 percent in July and against market expectations of 5.2 percent. The slowdown in inflation mainly reflected softening prices of transport.
Wednesday September 19 2018
Thailand Holds Policy Rate at 1.5%  
The Bank of Thailand voted by five to two to maintain the policy rate at 1.5 percent on September 19th 2018, as widely expected. The Committee said that the current monetary policy stance continued to support economic growth and should support the increase of inflation rate toward its target. Annual inflation rate increased to 1.6 percent in August from 1.5 percent in July. Still, two members voted to raise the policy rate by 25bps to 1.75 percent.
Wednesday September 19 2018
Malaysia Inflation Rate at 3-1/2 Year Low of 0.2% in August  
Malaysia's consumer price inflation eased to 0.2 percent year-on-year in August of 2018 from 0.9 percent in the previous month and below market expectations of 0.4 percent.It is the lowest inflation rate since February 2015, as inflation slowed for both food and transport while housing inflation was steady.
Wednesday September 19 2018
BoJ Keeps Monetary Policy Steady  
The Bank of Japan left shorter-term interest rates unchanged at -0.1 percent on September 19th, and kept the target for the 10-year Japanese government bond yield at around zero, saying the economy will continue to expand modestly despite intensifying trade tensions. The bank also reiterated that it will keep interest rates extremely low for an extended period as inflation remains well below its 2 percent target.
Wednesday September 19 2018
Japan Trade Balance Swings to Deficit in August  
Japan posted a trade deficit of JPY 444.6 billion in August of 2018, compared to a JPY 96.8 billion surplus in the same month a year ago and slightly below market expectations of a JPY 468.7 billion gap. Imports jumped 15.4 percent and exports increased at a softer 6.6 percent.
Tuesday September 18 2018
Hong Kong Jobless Rate Unchanged at 20-Year Low of 2.8%  
The seasonally adjusted unemployment rate in Hong Kong was unchanged at a 20-year low of 2.8 percent in the three months to August 2018. Also, the underemployment rate was steady at 1.1 percent, the same as in the previous period.
Monday September 17 2018
Eurozone August Inflation Rate Confirmed at 2%  
The annual inflation rate in the Euro Area was confirmed at 2 percent in August 2018, slightly below the previous month's five-and-a-half-year high of 2.1 percent, as prices rose at a softer pace for services, energy, non-energy industrial goods and unprocessed food.
Monday September 17 2018
Italy Trade Surplus Narrows Less than Expected  
The trade surplus in Italy fell to EUR 5.68 billion in July of 2018 from EUR 6.56 billion in the corresponding month of the previous year. Figures compare with market expectations of EUR 4.82 billion. Exports went up 6.8 percent but imports rose the most in fourteen months.
Monday September 17 2018
Turkish Jobless Rate Holds Steady at 10.2% in June  
The Turkish unemployment rate came in at 10.2 percent in June 2018, unchanged from the previous year's figure.
Monday September 17 2018
Indonesia Trade Balance Swings to Deficit in August  
Indonesia posted a trade deficit USD 1.02 billion in August 2018, swinging from a USD 1.68 billion surplus in the same month a year earlier, compared to market consensus of a USD 0.68 billion gap. It was the second straight month trade gap, mainly due to a surge in imports.
Saturday September 15 2018
Week Ahead  
Next week, the most important releases for the US are building permits and housing starts, current account, existing home sales and flash Markit PMIs. In the spotlight will also be: BoJ interest rate decision, Japan trade and inflation, UK and Euro Area consumer prices and flash Markit PMIs for the Eurozone, France and Germany.
Friday September 14 2018
US Consumer Sentiment Surges in September  
The University of Michigan's consumer sentiment for the US jumped to 100.8 in September of 2018 from 96.2 in August, beating market expectations of 96.7. It is the second highest level since 2004, only behind the March 2018 reading of 101.4, preliminary estimates showed. Expectations were the strongest since July of 2004, largely due to more favorable prospects for jobs and incomes and current conditions were also assessed more favorable.
Friday September 14 2018
US Industrial Output Rises More than Expected  
Industrial production in the US increased 0.4 percent month-over-month in August of 2018, following an upwardly revised 0.4 percent rise in July and beating market expectations of a 0.3 percent increase. Manufacturing moved up 0.2 percent, boosted by a 4 percent rise in motor vehicles and parts with motor vehicle assemblies jumping to an annual rate of 11.5 million units, the strongest since April. Excluding the gain in motor vehicles and parts, factory output was unchanged.
Friday September 14 2018
US Retail Sales Rise the Least in 6 Months  
Retail sales in the US edged up 0.1 percent month-over-month in August of 2018, following an upwardly revised 0.7 percent rise in July and well below market expectations of a 0.4 percent increase. It is the smallest gain in retail sales in six months, mainly due to falls in purchases of motor vehicles, clothing and furniture.
Friday September 14 2018
Nigeria Annual Inflation Rate Rises to 11.2% in August  
Nigeria’s annual inflation rate increased to 11.23 percent in August of 2018 from 11.14 percent in July and above market expectations of 11.11 percent. It was the first rise in inflation rate after being declining since January 2017, when it reached a 12 year high of 18.7 percent.
Friday September 14 2018
Russia Unexpectedly Hikes Rates to 7.5%  
The Bank of Russia raised its key rate by 25bps to 7.5 percent on September 14th 2018, beating markets that expected no changes. It is the first rate hike since December of 2014, as external uncertainties and volatility in financial markets increased inflationary risks. The central bank increased inflation forecasts to 3.8-4.2 percent in 2018 from 3.5-4 percent and said will consider further tightening if necessary.
Friday September 14 2018
Ireland Trade Surplus Narrows in July as Imports Climb  
Ireland's trade surplus decreased to EUR 3.43 billion in July 2018 from EUR 3.77 billion in the same month of the previous year. It was the smallest trade surplus since December.
Friday September 14 2018
Euro Area Trade Surplus Falls in July  
The trade surplus in the Euro Area declined to EUR 17.6 billion in July of 2018 from EUR 21.6 billion a year earlier and compared with market expectations of EUR 18 billion. Imports jumped 13.4 percent year-on-year to EUR 177.1 billion, the second-highest value on record. Exports rose at a softer 9.4 percent to EUR 194.6 billion. Intra-Euro Area trade rose to EUR 162.3 billion, up by 9.3 percent compared with July 2017.
Friday September 14 2018
Italy Inflation Rate Revised Down to 1.6% in August  
The annual inflation rate in Italy rose to 1.6 percent in August of 2018 from 1.5 percent in July, matching the preliminary estimate and below market expectations of 1.7 percent. Still, it was the highest inflation rate since April 2017, mainly due to rising prices of transport.
Friday September 14 2018
India August Wholesale Inflation Slows to 4-Month Low  
Wholesale prices in India rose by 4.53 percent year-on-year in August of 2018, after a 5.09 percent gain in the prior month and below market estimates of 4.65 percent. It is the lowest wholesale inflation since April, as cost of fuel increased at a softer pace while prices of food declined further.
Thursday September 13 2018
US August Budget Deficit Larger than Expected  
The US government budget deficit nearly doubled to USD 214 billion in August 2018 from USD 108 billion in the same month of the previous year, above market expectations of USD 156.5 billion.
Thursday September 13 2018
US Inflation Rate Slows to 2.7%  
Annual inflation rate in the US fell to 2.7 percent in August of 2018 from 2.9 percent in July and below market expectations of 2.8 percent. It is the lowest reading in four months amid a slowdown in cost of fuel, gasoline and shelter.
Thursday September 13 2018
US Jobless Claims Remain Near 49-Year Low  
The number of Americans filling for unemployment benefits decreased by 1 thousand to 204 thousand in the week ending September 8 from the previous week's upwardly revised level of 205 thousand and missing market consensus of 210 thousand. This is the lowest level for initial claims since December 6, 1969 when it was 202 thousand.
Thursday September 13 2018
ECB Confirms Halting QE Programme  
The ECB left its benchmark refinancing rate at 0 percent on September 13th 2018, in line with market expectations and confirmed that the monthly pace of the net asset purchases will be reduced to €15 billion from September to December 2018, and will then end.
Thursday September 13 2018
Turkey Hikes Policy Rate to 24%  
The Central Bank of Turkey raised its benchmark interest rate by 625 bps to 24 percent on September 13th 2018, surprising markets who expected a hike of 425 bps. The move pushed the borrowing costs to the highest since 2004 and was aimed to support the economy and falling currency.
Thursday September 13 2018
BoE Keeps Rates Steady  
The Bank of England voted unanimously to leave the Bank Rate unchanged at 0.75 percent on September 13th 2018, following a 25bps hike in the previous meeting. The decision came in line with market expectations. The Committee voted unanimously to maintain the stock of sterling non-financial investment-grade corporate bond purchases, financed by the issuance of central bank reserves, at £10 billion and the stock of UK government bond purchases, financed by the issuance of central bank reserves, at £435 billion.
Thursday September 13 2018
Irish Annual Inflation Rate Slows to 0.7% in August  
The annual inflation rate in Ireland fell to 0.7 percent in August of 2018 from 0.8 percent in the previous month. Prices eased mainly due to transport and food and non-alcoholic beverages.
Thursday September 13 2018
Irish Economy Returns to Growth in Q2  
The Irish gross domestic product advanced by 2.5 percent on quarter in the three months to June of 2018, following an upwardly revised 0.4 percent contraction in the previous period. Personal consumption recovered, government spending went up faster and net trade contributed positively to GDP growth. In addition, fixed investment shrank less.
Thursday September 13 2018
Swedish GDP Growth Revised Down to 0.8% in Q2  
The Swedish economy expanded 0.8 percent on quarter in the three months to June 2018, lower than a 1 percent growth in the preliminary estimate, following a downwardly revised 0.5 percent expansion in the previous period and below market expectations of 1 percent, final figures showed. It was the strongest growth since the second quarter of 2018, driven by household consumption and government spending.
Thursday September 13 2018
France Inflation Rate Confirmed at 2.3% in August  
France's annual inflation rate stood at 2.3 percent in August 2018, unchanged from the preliminary estimate and the same as in the previous month. It remained the highest inflation rate since May of 2016, when prices showed no growth. Inflation was steady for services and tobacco.
Thursday September 13 2018
German August Inflation Rate Confirmed at 2%  
Germany’s annual inflation rate was confirmed at 2 percent in August 2018, unchanged from the previous month. Prices of services and food rose at a softer pace while energy inflation went up further.
Thursday September 13 2018
Singapore Q2 Jobless Rate Confirmed at 2.1%  
Singapore’s seasonally adjusted unemployment rate inched higher to 2.1 percent in the second quarter of 2018 from a two-year low of 2 percent in the previous quarter and in line with the preliminary estimate. Layoff increased markedly while more people entered the labor force on the back of continued expansion in domestic economy.
Thursday September 13 2018
Australia August Jobless Rate Matches Estimates  
Australia's seasonally adjusted unemployment rate stood at 5.3 percent in August of 2018, the same as in the prior month and matching market consensus. The jobless rate remained at its the lowest level since November 2012, as the economy added 44,000 jobs while the number of unemployed increased by 5,800.
Wednesday September 12 2018
Ghana Annual Inflation Rate Rises to 9.9% in August  
The annual inflation rate in Ghana increased to 9.9 percent in August of 2018 from 9.6 percent in July, as both food and non-food inflation rose.
Wednesday September 12 2018
India Inflation Rate Down to 10-Month Low of 3.69%  
Annual consumer inflation in India declined to 3.69 percent in August of 2018 from 4.17 percent in July and below market expectations of 3.86 percent. It is the lowest inflation rate since October of 2017, mainly due to a sharp slowdown in food cost.
Wednesday September 12 2018
Portugal Inflation Rate Confirmed at 3-Month Low of 1.2%  
The annual inflation rate in Portugal eased to 1.2 percent in August 2018 from a 15-month high of 1.6 percent in July, matching the preliminary estimate. It was the lowest inflation rate since May.
Wednesday September 12 2018
Eurozone Industrial Output Falls for 1st Time in 1-1/2 Years  
Industrial production in the Euro Area edged down 0.1 percent from a year earlier in July 2018, following a downwardly revised 2.3 percent growth in the previous month and missing market consensus of a 1 percent increase. It was the first output contraction since January 2017 mainly due to declines in production of durable consumer goods and energy.
Wednesday September 12 2018
Spain Annual Inflation Rate Confirmed at 2.2% in August  
The annual inflation rate in Spain increased 2.2 percent in August of 2018, unchanged from the previous month, matching the preliminary estimate and in line with market consensus. Prices rose faster mainly due to food and non-alcoholic beverages and housing.
Tuesday September 11 2018
Russia July Trade Surplus Smaller than Expected  
Russia's trade surplus widened sharply to USD 13.40 billion in July 2018 from USD 3.83 billion in the same month a year earlier, but still below market expectations of a USD 14.40 billion surplus.
Tuesday September 11 2018
UK Unemployment Rate Unchanged at 43-Year Low  
The unemployment rate in the UK held steady at 4 percent in the three months to July 2018, its joint-lowest since 1975 and in line with market consensus. The number of unemployed declined by 55,000 from the February to April period while employment rose by 3,000 and the number of job vacancies hit a fresh record high. Meanwhile, annual wage growth picked up from a nine-month low as businesses found it harder to recruit staff.
Tuesday September 11 2018
Philippines Trade Gap Widens Sharply in July  
The Philippine's trade deficit widened sharply to USD 3.55 billion in July of 2018 from USD 1.31 billion in the same month a year earlier, mainly due to a surge in imports.
Monday September 10 2018
Tanzania Annual Inflation Rate Steady at 3.3% in August  
The annual inflation rate in Tanzania was unchanged at 3.3 percent in August of 2018, the same pace as in the previous month. It remained the lowest inflation rate since series began in 1999, mostly due to a slowdown in food and non-alcoholic beverages prices.
Monday September 10 2018
Russia Q2 GDP Growth Revised Higher to 1.9%  
Russia's gross domestic product grew by 1.9 percent year-on-year in the second quarter of 2018, up from a preliminary estimate of 1.8 percent and following a 1.3 percent expansion reported in the previous three-month period. The stronger growth rate was mainly driven by gains in hotel, transport and restaurant sectors as the soccer World Cup had a positive impact on the economy. In addition, manufacturing and mining output increased at a faster pace.
Monday September 10 2018
UK July Trade Deficit Smallest in 5 Months  
The UK trade deficit narrowed by GBP 0.83 billion to GBP 0.11 billion in July 2018 from a downwardly revised GBP 0.94 billion in the previous month, and below market expectations of a GBP 2.1 billion gap. It was the smallest trade deficit since a surplus was recorded in February, as both exports and imports hit all-time highs.
Monday September 10 2018
Turkish GDP Growth Slows to 5.2% in Q2  
The Turkish economy grew by 5.2 percent year-on-year in the second quarter of 2018, easing from a downwardly revised 7.3 percent expansion in the previous three-month period. It was the weakest growth rate since the last quarter of 2016.
Monday September 10 2018
China Inflation Rate Rises to 6-Month High in August  
China's consumer price inflation rose to a six-month high of 2.3 percent year-on-year in August of 2018 from 2.1 percent in the previous month and slightly above market consensus of 2.2 percent. The increase was driven by higher prices of food; clothing; rent, fuel & utilities; and education, culture & recreation.
Monday September 10 2018
Japan Q2 GDP Growth Revised Higher to 0.7%  
The Japanese economy advanced 0.7 percent quarter-on-quarter in the June quarter of 2018, stronger than the preliminary figure of a 0.5 percent growth and after a 0.2 percent contraction in the previous period. It was the highest growth rate since the first quarter of 2017, boosted by an upward revision of business spending and a strong rebound in private consumption.
Monday September 10 2018
China August Trade Surplus Smaller than Estimated  
China's trade surplus narrowed sharply to USD 27.91 billion in August of 2018 from USD 40.05 billion in the same month a year earlier and missing market consensus of USD 39.3 billion. Imports jumped 20 percent to USD 185.56 billion while exports rose at a softer 9.8 percent to USD 210.08 billion.
Friday September 07 2018
Week Ahead  
Next week the US will be publishing inflation rate, retail trade, industrial production and the preliminary reading of Michigan consumer sentiment. Elsewhere, important data include: UK monthly GDP figures, industrial output, trade balance, unemployment and wage growth; Japan final Q2 GDP growth rate and machinery orders; China inflation, industrial production, retail trade and fixed asset investment; Australia business and consumer morale, and employment figures; Turkey and Ireland Q2 GDP growth rates; and interest rate decisions from the ECB, Bank of England and Central Bank of Turkey.
Friday September 07 2018
Mexico Inflation Rate Ticks Up to 5-Month High of 4.9%  
The annual inflation rate in Mexico increased to 4.9 percent in August 2018 from 4.8 percent in July and above market expectations of 4.83 percent. It was the highest inflation rate since March, due to an overall rise in prices namely for energy and food. Meanwhile, cost went up slightly less for housing.
Friday September 07 2018
US Jobless Rate Holds Steady at 3.9%  
The US unemployment rate was unchanged at 3.9 percent in August 2018, above market expectations of 3.8 percent. Still, the jobless rate remained close to May's 18-year low as the number of unemployed declined by 46 thousand to 6.23 million and employment fell by 423 thousand to 155.54 million.
Friday September 07 2018
US Economy Adds More Jobs than Expected  
Non farm payrolls in the United States increased by 201 thousand in August of 2018, following a downwardly revised 147 thousand in July and above market expectations of 191 thousand. Employment increased in professional and business services, health care, wholesale trade, transportation and warehousing, and mining.
Friday September 07 2018
Canada Jobless Rate Rises to 6% in August  
The unemployment rate in Canada rose to 6.0 percent in August of 2018 from 5.8 percent in the previous month and above market expectations of 5.9 percent. Following two months of increases, employment decreased by 51,600, after creating 54,100 in July and well below market consensus of a 5,000 gain, as part-time employment dropped (-92,000) while full time advanced (+40,400).
Friday September 07 2018
Eurozone Q2 GDP Growth Confirmed at 0.4%  
The Eurozone economy expanded 0.4 percent on quarter in the three months to June 2018, unrevised from the second estimate and the same pace as in the previous period.
Friday September 07 2018
France Posts Smallest Trade Gap in 7 Months  
The French trade deficit narrowed to EUR 3.5 billion in July 2018 from a downwardly revised 6.1 billion in June and far below market consensus of a EUR 5.7 billion gap. It was the smallest trade deficit since December 2017, as imports fell 4.4 percent to EUR 44.8 billion while exports rose 1.2 percent to EUR 41.3 billion.
Friday September 07 2018
German Trade Surplus Smallest in 1-1/2 Years  
The German trade surplus fell to EUR 16.5 billion in July 2018 from EUR 18.8 billion in the same month a year earlier. It was the smallest trade surplus since January 2017, as imports jumped 12 percent to an all-time high while exports rose at a softer 7.6 percent.
Friday September 07 2018
Swiss Jobless Rate Holds Steady at 10-Year Low  
The Swiss unemployment rate came in at a non-seasonally adjusted 2.4 percent in August 2018, unchanged from the previous three months and the lowest since September 2008.
Thursday September 06 2018
US Services Grew for 103rd Consecutive Month: ISM  
The ISM Non-Manufacturing PMI index rose to 58.5 in August from 55.7 in July, beating expectations of 56.8. Production, new orders, employment, business activity, backlogs of orders and new export orders rose faster while supplier deliveries and price pressures eased.
Thursday September 06 2018
US Jobless Claims Unexpectedly Fall to Near 49-Year Low  
The number of Americans filling for unemployment benefits went down by 10 thousand to 203 thousand in the week ending September 1 from the previous week's unrevised level of 213 thousand while markets had expected a slight increase to 214 thousand. This is the lowest level for initial claims since December 6,1969 when it was 202,000. However, the Labor Day holiday was observed on Monday which could have influenced the estimates.
Thursday September 06 2018
Brazil Inflation Rate Falls More than Expected to 4.19%  
The annual inflation rate decreased to 4.19 percent in August 2018 from 4.48 percent in July and compared with market expectations of 4.3 percent. It was the lowest inflation rate since May, mainly due to slowing prices of transport and housing.
Thursday September 06 2018
Greek Jobless Rate Falls to Near 7-Year Low of 19.1%  
The Greek seasonally adjusted unemployment rate declined to 19.1 percent in June of 2018 from a downwardly revised 19.3 percent in the prior month. It was the lowest jobless rate since September of 2011.
Thursday September 06 2018
Sweden Holds Interest Rate Steady at -0.5%  
The central bank of Sweden left its benchmark interest rate at -0.5 percent on September 6th 2018, as expected, saying the economic activity in Sweden is strong and inflation is close to the 2 percent target. However, monetary policy needs to continue to be expansionary for inflation to remain close to target. Policymakers added that the repo rate will be raised by 25bps either in December or February.
Thursday September 06 2018
Swiss Q2 GDP Growth Stronger than Expected  
The Swiss economy grew by 0.7 percent on quarter in the three months to June 2018, following an upwardly revised 1 percent expansion in the previous period and beating market consensus of 0.5 percent. GDP expanded at an above average rate for the fifth quarter in a row mainly supported by a strong increase in exports of goods despite global trade disputes.
Thursday September 06 2018
Australia Trade Surplus Narrows 20% in July  
Australia's trade surplus narrowed by 20 percent month-over-month to AUD 1.55 billion in July of 2018 from an upwardly revised AUD 1.94 billion in the prior month and above market expectations of a AUD 1.4 billion surplus, as exports fell while imports showed no change.
Wednesday September 05 2018
Canada Leaves Monetary Policy Unchanged  
The Bank of Canada left its benchmark interest rate steady at 1.5 percent on September 5th 2018, in line with market expectations, following a 25bps hike in the previous meeting. Policymakers reinforced their vision that higher interest rates will be needed to achieve the inflation target of 2 percent. The Bank Rate is correspondingly 1.75 percent and the deposit rate is 1.25 percent.
Wednesday September 05 2018
Russia Inflation Rate at 1-Year High of 3.1%  
Russia’s annual inflation rate rose to 3.1 percent in August of 2018 from 2.5 percent in the previous month, slightly below market expectations of 3.2 percent. It was the highest inflation rate since August of 2017, mainly due to food prices.
Wednesday September 05 2018
Canada Posts Smallest Trade Deficit in 19 Months  
The Canadian trade deficit narrowed to CAD 0.11 billion in July of 2018 from an upwardly revised CAD 0.74 billion in the previous month and well below market expectations of a CAD 1.13 billion gap. It was the smallest trade deficit since the most recent surplus in December of 2016, as exports rose 0.8 percent to an all-time high, mainly on higher crude oil prices and imports went down 0.4 percent, due to fewer aircraft imports.
Wednesday September 05 2018
US Trade Gap Rises The Most in 3 Years  
The US trade deficit widened by 9.5 percent to USD 50.1 billion in July of 2018 from a downwardly revised USD 45.7 billion in the previous month and slightly below market expectations of USD 50.3 billion. It is the highest trade gap in five months as imports hit a new record high and exports of soybeans and civilian aircraft fell sharply.
Wednesday September 05 2018
Malaysia Leaves Monetary Policy Unchanged  
The Central Bank of Malaysia kept its benchmark interest rate unchanged at 3.25 percent on September 5th, 2018, as widely expected. Policymakers said the economy maintains its underlying fundamental strength, with steady economic growth, low unemployment and a current account surplus but mentioned some immediate risks: trade tensions, prolonged weakness in the mining and agriculture sectors and some domestic policy uncertainty.
Wednesday September 05 2018
Philippines August Inflation Rate at Near 9-1/2 Year High  
The Philippines' annual inflation rate rose to 6.4 percent in August of 2018 from 5.7 percent in the previous month, above market estimates of 5.9 percent. It is the highest reading since March 2009, mainly due to a jump in cost of food and non-alcoholic beverages.
Wednesday September 05 2018
Malaysia August Trade Surplus Largest in 3 Months  
Malaysia's trade surplus increased 1.7 percent to MYR 8.3 billion in July of 2018 from MYR 8 billion in the same month of the prior year and far above market estimates of a MYR 6.3 billion surplus. It is the largest trade surplus since April. Exports rose 9.4 year-on-year to MYR 86.1 billion while imports went up 10.3 percent to MYR 77.8 billion.
Wednesday September 05 2018
Australia Q2 GDP Growth Stronger than Expected  
The Australian economy advanced 0.9 percent in the June quarter of 2018, above market consensus of a 0.7 percent expansion and after an upwardly revised 1.1 percent growth in the previous quarter. Growth was mainly supported by strength in domestic demand and foreign trade while fixed investment was flat.
Tuesday September 04 2018
Chile Holds Interest Rate at 2.50%  
The Central Bank of Chile held its benchmark interest rate at 2.50 percent on 4 September 2018, in line with market expectations. The decision was unanimous. Policymakers underscored that emerging market currencies have depreciated and growth prospects deteriorated in recent months, and showed concern over trade disputes between the United States and China. They also mentioned that inflationary risks have increased due to the peso’s further depreciation. Inflation rate in Chile rose to 2.7 percent year-on-year in July 2018 from 2.5 percent in the previous month. It was the highest inflation rate since April 2017.
Tuesday September 04 2018
US Factory Growth Highest since 2004: ISM  
The Institute for Supply Management’s Manufacturing PMI in the US jumped to 61.3 in August of 2018 from 58.1 in the previous month, beating market expectations of 57.7. The reading pointed to the highest expansion in factory activity since May of 2004 amid faster increases in new orders, production, employment and inventories and lower inflationary pressures. However, manufacturers remain overwhelmingly concerned about tariff-related activity, including how reciprocal tariffs will impact company revenue and current manufacturing locations.
Tuesday September 04 2018
US Manufacturing PMI Revised Higher: Markit  
The IHS Markit US Manufacturing PMI was revised higher to 54.7 in August of 2018 from a preliminary of 54.5 but remained below 55.3 in July. The reading pointed to the slowest expansion in factory activity since November as rates of output and new order growth eased although remained solid. On the other hand, business confidence reached the highest in three months.
Tuesday September 04 2018
South Africa GDP Annual Growth Slows to 0.4% in Q2  
The South African economy expanded 0.4 percent year-on-year in the second quarter of 2018, slowing from a 0.8 percent growth in the previous period and below market expectations of a 1 percent expansion. It was the weakest growth rate since the first quarter of 2016 when the economy contracted 0.3 percent, as production declined mainly for in agriculture, forestry and fishing activities.
Tuesday September 04 2018
Irish Jobless Rate Falls to Over 10-Year Low  
Irish seasonally adjusted unemployment rate decreased to 5.6 percent in August of 2018 from an upwardly revised 5.8 percent in the previous month and below a 6.6 percent in August of 2017. It was the lowest jobless rate since April of 2008.
Friday September 07 2018
South Africa GDP Contracts 0.7% in Q2  
The South African economy shrank a seasonally adjusted annualized 0.7 percent on quarter in the three months to June of 2018, following a 2.6 percent contraction in the prior period and missing market consensus of a 0.6 percent growth. It was the second consecutive quarter of contraction with the biggest downward contributions coming from agriculture, transport and trade.
Tuesday September 04 2018
Swiss Inflation Rate Steady at 1.2% in August  
The Swiss consumer price inflation came in at 1.2 percent year-on-year in August 2018, unchanged from the previous month and matching market expectations. Prices rose less mainly for housing & utilities, transport and food while advanced faster for restaurants & hotels.
Tuesday September 04 2018
Australia Holds Cash Rate at 1.5% in September  
The Reserve Bank of Australia kept the cash rate at a record low of 1.5% at its September meeting, as widely expected, extending its record period of policy inaction beyond two years, amid weak inflation and low wage growth.
Tuesday September 04 2018
South Korea Inflation Rate at 5-Month Low of 1.4%  
South Korea's annual inflation eased to 1.4 percent in August of 2018 from 1.5 percent in the previous three months but slightly above market expectations of 1.3 percent. It was the lowest inflation rate since March, as cost of transport rose at a softer pace while cost of housing & utilities fell.
Tuesday September 04 2018
South Korea Economy Expands 0.6% QoQ  
The South Korean economy advanced 0.6 percent quarter-on-quarter in the three months to June 2018 after a 1 percent expansion in the previous period and below both market expectations and the preliminary print of 0.7 percent, final data showed. The downwardly revised figure was explained by softer expansions in manufacturing and services and steeper contractions in primary activity and construction when compared to preliminary data, with utilities also rebounding less than the original data showed.
Tuesday September 04 2018
South Korea Annual GDP Growth Revised to 2.8%  
The economy of South Korea advanced 2.8 percent year-on-year in the second quarter of 2018, matching the 2.8 percent growth recorded for the previous quarter and slightly below the 2.9 percent preliminary expansion and the final consensus estimate.
Monday September 03 2018
Brazil Trade Surplus Smallest in 6 Months  
Brazil trade surplus narrowed to USD 3.78 billion in August of 2018 from USD 5.60 billion in the same month a year earlier and below market expectations of a USD 4.0 billion surplus. It was the smallest trade surplus since February, as imports recorded its highest value since October of 2014 and exports widened.
Monday September 03 2018
Turkey Central Bank Hints at Rate Hike  
Turkey's central bank said on Monday the monetary policy stance will be adjusted at its September meeting in an attempt to support the lira, after data showed inflation jumped to its highest level since December 2003 amid a currency crisis.
Monday September 03 2018
Turkish Inflation Rate Hits New 14-1/2-Year High  
The Turkish consumer price inflation rose to 17.90 percent year-on-year in August 2018 from 15.85 percent in the previous month, and below market expectations of 21.50 percent. Still, inflation remained well above the central bank's target of 5 percent and hit the highest level since December 2003 as the lira slumped to fresh record lows amid a currency crisis.
Monday September 03 2018
South Korea Trade Surplus Widens 4.5% YoY in August  
South Korea’s trade surplus increased to USD 6.9 billion in August of 2018 from USD 6.6 billion in the same month of the preceding year, preliminary data showed. Exports rose 8.7 percent year-on-year to a record high for August of USD 51.2 billion while imports went up 9.2 percent to USD 44.3 billion.
Friday August 31 2018
Week Ahead  
Next week the US will be publishing jobs report, trade balance, ISM PMIs, ADP employment change and factory orders. Elsewhere, important releases include: UK Markit PMIs; Eurozone final Q2 GDP growth and retail trade; Germany factory orders, industrial output and trade balance; Japan household spending; China foreign trade and Caixin PMIs; Australia interest rate decision, Q2 GDP growth, trade balance and retail sales; Canada interest rate decision and employment figures; and Turkey inflation.
Friday August 31 2018
US Consumer Sentiment Revised Up in August  
The University of Michigan's consumer sentiment for the US was revised higher to 96.2 in August of 2018 from 95.3 in the preliminary estimate. It compares with 97.9 in July and market expectations of 95.5. Yet, it is the lowest reading since January as current conditions were seen the weakest since November of 2016.
Friday August 31 2018
Kenya Inflation Rate Slows to 5-Month Low in August  
The annual inflation rate in Kenya decreased to 4.04 percent in August of 2018 from 4.35 percent in the previous month and above market expectations of a 4.35 percent gain. It was the lowest inflation rate since March, mainly due to a fall in prices of food and non-alcoholic beverages.
Friday August 31 2018
South Africa Trade Balance Swings to Deficit in July  
South Africa trade balance shifted to a ZAR 4.66 billion deficit in July of 2018 from a downwardly revised ZAR 11.89 billion surplus in the previous month and well below market consensus of a ZAR 5.4 billion surplus. It was the largest trade deficit since January, as exports fell while imports picked up. Considering the first seven months of the year, the country recorded a trade deficit of ZAR 6.51 billion.
Friday August 31 2018
Brazil Quarterly GDP Growth Picks Up to 0.2% in Q2  
The Brazilian economy grew by 0.2 percent on quarter in the three months to June 2018, following a downwardly revised 0.1 percent advance in the previous period and slightly beating market expectations of 0.1 percent. The slight expansion was sharply impacted by nationwide truckers strikes in May and June, which led to the first fall in investment in more than a year and the biggest decline in exports since the last quarter of 2014.
Friday August 31 2018
India GDP Growth Highest in Over 2 Years  
The Indian economy grew 8.2 percent year-on-year in the second quarter of 2018, above 7.7 percent in the previous three months and beating market expectations of 7.6 percent. It is the strongest growth rate since the first quarter of 2016, boosted by household spending, financial, real estate and manufacturing activities.
Friday August 31 2018
Brazil Annual GDP Growth Weakest in 1 Year at 1.0%  
The Brazilian gross domestic product advanced by 1.0 percent year-on-year in the second quarter of 2018, easing from a 1.2 percent rise in the previous three-month period and missing market expectations of a 1.1 percent increase. It was the slowest expansion since the second quarter of 2017. Household spending slowed and exports fell due to the truckers' strike that paralyzed key sectors of the economy.
Friday August 31 2018
Portugal GDP Growth Confirmed at 0.5% in Q2  
The Portuguese economy advanced 0.5 percent on quarter in the three months to June of 2018, slightly higher than 0.4 percent in the previous period and confirming the preliminary estimates. Household spending was flat while a rise in inventories contributed positively to growth.
Friday August 31 2018
Italy Q2 GDP Growth Confirmed at Near 2-Year Low  
The Italian economy grew by 0.2 percent on quarter in the three months to June 2018, in line with the preliminary reading and following a 0.3 percent expansion in the previous period. It was the weakest growth rate since the third quarter of 2016.
Friday August 31 2018
Italy Inflation Rate at 16-Month High of 1.7%  
The annual inflation rate in Italy is expected to increase to 1.7 percent in August of 2018 from 1.5 percent in the previous month, beating market expectations of 1.4 percent. It was the highest inflation rate since April of 2017, mainly due to higher prices of services related to transport.
MORE TOP NEWS