Retail inflation, factory output data to be released at 4 pm instead of 5:30 pm

The Ministry of Statistics and Programme Implementation connected Tuesday announced the advancing of merchandise clip for macroeconomic information Consumer Price Index and Index of Industrial Production by astir 1 and a fractional hours.

The information connected the Consumer Price Index (CPI) and Index of Industrial Production (IIP) are presently released by the Ministry of Statistics and Programme Implementation (MOSPI) connected the 12th of each period astatine 5:30 p.m. (the adjacent moving time if the 12th falls connected a vacation successful lawsuit of CPI) and the erstwhile moving time (if 12th falls connected a vacation successful lawsuit of IIP), an authoritative connection said.

According to the statement, to supply much clip connected the time of merchandise to entree CPI and IIP data, the MOSPI has decided to revise the merchandise clip for the CPI and IIP from 5.30 p.m. to 4.00 p.m. connected the 12th of each period (the adjacent moving time if the 12th falls connected a vacation of CPI) and the erstwhile moving time if 12th falls connected a holiday, successful lawsuit of IIP).

The ministry explained that the caller merchandise clip aligns with the closing hours of large fiscal markets successful India, ensuring that Consumer Price Index (CPI) information dissemination does not interfere with progressive trading.

This accommodation besides adheres to the MoSPI's committedness to transparency and accessibility successful information dissemination, it stated.

The adjacent merchandise of CPI and IIP information for October 2024 volition frankincense beryllium disposable connected November 12 astatine 4:00 p.m. connected the ministry's authoritative website, the connection said.