The typical/expected market impact of this event is low.
The consensus forecast for WPI Inflation is 9.89%. 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 9.78% against a forecast of 10.25%.
Other recent announcements which may affect the market's interpretation of the next WPI Inflation result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HSBC Composite PMI | Bearish change | 54.6 | 54.3 | ||
| HSBC Services PMI | Bearish change | 54.5 | 54.1 | ||
| HSBC Manufacturing PMI | Bearish change | 52.9 | 52.8 | ||
| Gross Domestic Product Quarterly (YoY) | (no change) | 7.8% | 7.8% |
| Country: | India |
|---|---|
| Currency: | INR |
| Source: | Office of the Economic Adviser of India |
| Category: | Inflation |
| Frequency: | Monthly |