The typical/expected market impact of this event is low.
The consensus forecast for WPI Inflation is 4.4%. A higher value than forecast tends to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
Higher numbers than forecast tend to be bullish for INR/xxx pairs and bearish for xxx/INR pairs.
The most recent announced value for WPI Inflation was 3.88% against a forecast of 3%.
Other recent announcements which may affect the market's interpretation of the next WPI Inflation result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HSBC Composite PMI | Bearish change | 58.3 | 58.2 | ||
| HSBC Services PMI | Bullish change | 57.9 | 58.8 | ||
| HSBC Manufacturing PMI | Bearish change | 55.9 | 54.7 |
| Country: | India |
|---|---|
| Currency: | INR |
| Source: | Office of the Economic Adviser of India |
| Category: | Inflation |
| Frequency: | Monthly |