The typical/expected market impact of this event is low.
The consensus forecast for Consumer Price Index (YoY) is 2.4%. 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 Consumer Price Index (YoY) was 1.33% against a forecast of 1.5%.
Other recent announcements which may affect the market's interpretation of the next Consumer Price Index (YoY) result:
| Previous | Latest | ||||
|---|---|---|---|---|---|
| HSBC Composite PMI | Bearish change | 59.5 | 59.4 | ||
| HSBC Services PMI | Bearish change | 59.3 | 58.5 | ||
| HSBC Manufacturing PMI | Bearish change | 56.8 | 55.4 |
| Country: | India |
|---|---|
| Currency: | INR |
| Source: | Ministry of Statistics and Programme Implementation |
| Category: | Inflation |
| Frequency: | Monthly |