The Ministry of Statistics and Programme Implementation (MoSPI) announced Tuesday that it will advance the release time of macroeconomic data for the Consumer Price Index (CPI) and Index of Industrial Production (IIP) by 1.5 hours, from 5.30 pm to 4 pm.
Currently, CPI and IIP data are released on the 12th of each month, with CPI postponed to the next working day if the 12th is a holiday, and IIP data moved to the previous working day if the 12th falls on a holiday.
This adjustment aims to provide users more time to access and analyse CPI and IIP data and aligns with the closing hours of India’s major financial markets, helping avoid interference with active trading.
According to MoSPI, this change reinforces its commitment to data transparency and accessibility.
The new release schedule will take effect with the October 2024 data, available on November 12 at 4 pm on the Ministry’s official website.
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