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Friday, 12 May 2017

LATEST WPI-IIP DATA RELEASED - 12 MAY 2017

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KINDLY GO THROUGH THE LATEST WPI-IIP DATA RELEASED FEW MINUTES EARLIER :
India's wholesale Price Index data came at 3.85 percent month-on-month in April vs 5.29% a month earlier, government data showed on Friday.
India released on Friday a new series of wholesale inflation and industrial output data, revising the base year to 2011/12 from 2004/05.
IIP DATA CAME 2.7% VS 1.9%(MOM).
Both the data are positive and much better than the expectations so this might help the market to have a bull run next week.
APRIL WPI AT 3.85% VS 5.29%
MANUFACTURING INDEX AT 2.66%
FUEL WPI AT 18.5%
MARCH IIP GROWTH 2.7% VS 1.9%


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