The updated release time coincides with the closing hours of major financial markets in India, which ensures that the release of CPI data does not interfere with active trading, the ministry said on Tuesday.
“This adjustment also adheres to MoSPI’s commitment to transparency and accessibility in data dissemination.”
Both the CPI and IIP are vital indicators for economic policy and financial markets, as they provide insights into inflation trends across rural and urban areas, and industrial growth in the country, the ministry said.
The next release of CPI and IIP for October will be on November 12 at 4 pm.
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Content Source: economictimes.indiatimes.com