Change in Release Time for Consumer Price Index (CPI) and Index of Industrial Production (IIP)
The Consumer Price Index ( CPI ) & Index of Industrial Production plays a critical role in economic policy and financial market by reflecting inflationary trends across rural , urban , and combined sectors and industrial growth in the country . The CPI & IIP is 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 of CPI ) and Previous working day if 12th falls on a holiday in case of IIP ) . To provide more time on the day of release to access CPI & IIP data , the Ministry of Statistics and Programme Implementation ( MOSPI ) has decided to revise the release time for the Consumer Price Index ( CPI ) and IIP from 5.30 PM to 4.00 PM on 12th of every month ( the next working day if the 12th falls on a holiday of CPI ) and Previous working day if 12th falls on a holiday in case of IIP ) . The new release time aligns with the closing hours of major financial markets in India , ensuring that CPI data dissemination does not interfere with active trading . This adjustment also adheres to MoSPI's commitment to transparency and accessibility in data dissemination . The next release of CPI and IIP , for October 2024 , will thus be available on November 12 , 2024 , at 4:00 PM on the Ministry's official website ( https://www.mospi.gov.in ) . **** SB/DP/ARJ The Consumer Price Index ( CPI ) & Index of Industrial Production plays a critical role in economic policy and financial market by reflecting inflationary trends across rural , urban , and combined sectors and industrial growth in the country . The CPI & IIP is 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 of CPI ) and Previous working day if 12th falls on a holiday in case of IIP ) . To provide more time on the day of release to access CPI & IIP data , the Ministry of Statistics and Programme Implementation ( MOSPI ) has decided to revise the release time for the Consumer Price Index ( CPI ) and IIP from 5.30 PM to 4.00 PM on 12th of every month ( the next working day if the 12th falls on a holiday of CPI ) and Previous working day if 12th falls on a holiday in case of IIP ) . The new release time aligns with the closing hours of major financial markets in India , ensuring that CPI data dissemination does not interfere with active trading . This adjustment also adheres to MoSPI's commitment to transparency and accessibility in data dissemination . The next release of CPI and IIP , for October 2024 , will thus be available on November 12 , 2024 , at 4:00 PM on the Ministry's official website ( https://www.mospi.gov.in ) . **** SB/DP/ARJ