The typical/expected market impact of this event is low.
The consensus forecast for WPI Inflation is 0.52%. A higher value than forecast tends to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
Lower numbers than forecast tend to be bullish for xxx/INR pairs and bearish for INR/xxx pairs.
The most recent announced value for WPI Inflation was 0.39% against a forecast of 0.8%.
Other recent announcements which may affect the market's interpretation of the next WPI Inflation result:
Previous | Latest | ||||
---|---|---|---|---|---|
HSBC Composite PMI | (no change) | 61 | 61 | ||
HSBC Services PMI | Bearish change | 60.7 | 60.4 | ||
HSBC Manufacturing PMI | (no change) | 58.4 | 58.4 |
Country: | India |
---|---|
Currency: | INR |
Source: | Office of the Economic Adviser of India |
Category: | Inflation |
Frequency: | Monthly |