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IIP AND CPI DATA
Statistical system may get AI overhaul, data to be treated as asset: MoSPI SecyIndia is set to modernize its statistical system. Artificial intelligence will be integrated into official data. A national business regist...- India overhauls inflation framework with new Producer Price Index, revised WPIIndia is set to introduce a new Producer Price Index and a revamped Wholesale Price Index from June 15. This significant overhaul aims to a...
- States told to shift to new base year for GSDP by end of FY27The statistics ministry has directed states to adopt 2022-23 as the new base year for Gross State Domestic Product (GSDP) computation by fi...
- MoSPI proposes Index of Service Production with 2024-25 as base yearThe Ministry of Statistics and Programme Implementation has proposed creating an Index of Services Production (ISP) for the formal sector u...
- MoSPI proposes new base years for IIP, GDP & CPIThe government plans to update the base years for key economic indicators. The Index of Industrial Production (IIP) and Gross Domestic Prod...
- MoSPI shifts CPI and IIP release time to align with market closing hoursIndia's Ministry of Statistics and Programme Implementation (MoSPI) has shifted the release time for the Consumer Price Index (CPI) and Ind...
- MoSPI shifts CPI and IIP release timeIndia's Ministry of Statistics and Programme Implementation is changing the release time for key economic data. The Consumer Price Index an...
- Festive season may give further push to IIP; will it sustain?Some market experts believe that base effects did contribute to the improvement in the performance of some sectors such as consumer durable...
- Present IIP numbers a source of worry amid push to Make in India plans: DK Joshi, CrisilIIP was expected to come lower but the levels that we have finally got a 1.74 is very disappointing. Particularly because this is a new IIP...
- IIP grossly underestimates growth because of old base, change in method: Mythili Bhusnurmath"Given that the recovery is slow, I would not get too worried about IIP at 2% provided it gives some reason to believe it will improve in t...
- Finance Ministry says analysing IIP, CPI dataWith factory output contracting for the second month in a row and retail inflation at 16-month high, Finance Ministry said it is analysing ...
- Expect December CPI at 5.75, November IIP at 2%: Murthy Nagarajan, Quantum AMC"As far as IIP data is concerned, we should see something around 1 to 2% type of levels because the core industry data has been minus 1.3% ...
- IIP, CPI data reflect resilience of economy: AnalystsThe latest IIP and retail inflation data have shown the resilience of the economy despite below normal monsoon and a weak external sector, ...
- RBI will remain cautious of food inflation trajectory: Rupa Rege Nitsure, L&T Financial Services"IIP has always surprised us on the higher side but if you go by the leads provided by major indicators, the real picture appears mixed."
- Difficult for RBI to cut rates if inflation inch up more than anticipated: Mythili BhusnurmathIIP did very-very badly, particularly capital goods. So certainly the IIP does suggest that there is going to be some kind of recovery.
- Dip in factory output, low inflation raise rate cut clamourFactory output as measured by Index of Industrial Production (IIP) declined due to contraction in manufacturing, capital goods and consumer...
- Government decides to release IIP, CPI data after market hoursFinancial markets have in the past reacted sharply to release of IIP, GDP and CPI numbers at the scheduled time of around 1100 hours.
- April IIP dips to 2%, May CPI at 9.31%: Experts viewThe IIP for the month of April grew at 2% versus 2.5% in March. This is much below the ET Now poll estimate of 2.6%.
- Expect to see 2.5-3% growth in IIP in FY14: Saugata Bhattacharya, Axis Bank"The March numbers are best to be treated in isolation because there are various ups and downs. "
- New data to feed CPI, IIP in the worksThe government is planning to revise some of the key statistical indices, including the consumer price index (CPI) and the index for indust...
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