Events of the Week
13-Feb-2017: Due to demonetization led contraction in demand, India's index of industrial production (IIP) is contracted at -0.4% in December versus growth of 5.7% in November.
14-Feb-2017: Retail inflation based on Consumer Price Index (CPI) eased to 3.17% in January versus 3.41% in December, whereas WPI inflation in January climbed to 5.25% versus 3.39% in December.
16-Feb-2017: India’s exports rose for the fifth straight month to $22.11 billion in January. Trade deficit also narrowed to $9.84 billion, lowest in four months.