Mospi announces advancing of release time of IIP, CPI data to 4 pm

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Mospi announces advancing of release time of IIP, CPI data to 4 pm - Business Standard

Quick Summary:

The data on the Consumer Price Index (CPI) and Index of Industrial Production (IIP) are currently released by the Ministry of Statistics and Programme Implementation (MOSPI) on the 12th of each month at 5:30 pm (the next working day if the 12th falls on a holiday in case of CPI) and the previous working day (if 12th falls on a holiday in case of IIP), an official statement said.

The Ministry of Statistics and Programme Implementation on Tuesday announced the advancing of release time for macroeconomic data Consumer Price Index and Index of Industrial Production by about one and a half hours.

According to the statement, to provide more time on the day of release to access CPI and IIP data, the MOSPI has decided to revise the release time for the CPI and IIP from 5.30 pm to 4.00 pm on the 12th of every month (the next working day if the 12th falls on a holiday of CPI) and the previous working day if 12th falls on a holiday, in case of IIP).