Direct Answer

India economic indicators are published by the Ministry of Statistics and Programme Implementation (MoSPI), the Office of the Economic Adviser and the Reserve Bank of India. The most closely followed releases are CPI on the 12th, WPI on the 14th and industrial production on the 28th (each moved to the next working day on holidays), quarterly GDP, and the Monetary Policy Committee's repo rate decisions.

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India Economic Indicators: Investor Reference

This hub covers the major economic indicators released for this country. Each linked indicator page explains what the measure tracks, how it is calculated, when it is released, and how investors interpret changes in the data.

See the international indicators hub for other countries, or the full economic indicators hub for all 15 categories.

Who publishes India's economic data?

MoSPI, through the National Statistics Office, publishes CPI, quarterly GDP, the Index of Industrial Production and the Periodic Labour Force Survey. The Office of the Economic Adviser, under the Ministry of Commerce and Industry, publishes WPI, and that ministry also reports trade. The Reserve Bank of India publishes the repo rate, bank credit and M3. The MoSPI 2026-27 calendar sets CPI on the 12th, the PLFS monthly bulletin on the 15th and IIP on the 28th, with the next working day used on holidays and dates open to change.

India indicators at a glance

IndicatorWhat it measuresPublished byFrequency
India Bank Credit Growththe growth of outstanding bank loans in IndiaReserve Bank of IndiaTwice monthly
India CPIconsumer price inflation in IndiaMinistry of Statistics and Programme ImplementationMonthly
India GDPthe inflation-adjusted output of the Indian economyMinistry of Statistics and Programme ImplementationQuarterly
India IIPthe volume of industrial output in IndiaMinistry of Statistics and Programme ImplementationMonthly
India M3the broad money stock in IndiaReserve Bank of IndiaTwice monthly
India Trade Balancethe gap between India's goods exports and importsMinistry of Commerce and IndustryMonthly
India Unemploymentthe share of India's labour force that is unemployedMinistry of Statistics and Programme ImplementationMonthly
India WPIwholesale price inflation in IndiaMinistry of Commerce and IndustryMonthly
RBI Repo Ratethe Reserve Bank of India's policy rate for short term lending to banksReserve Bank of IndiaIrregular

Each row comes from the same source file as the indicator page it links, so the publisher and frequency here match that page.

How does India's central bank set policy?

The Reserve Bank of India conducts monetary policy under the Reserve Bank of India Act, 1934, with price stability as the primary objective while keeping in mind growth. The Central Government sets a CPI inflation target of 4 percent with a tolerance band of 2 to 6 percent. A six-member Monetary Policy Committee sets the policy repo rate and must meet at least four times a year. The RBI publishes the committee's resolution after each meeting and the minutes on the 14th day after.

What is different about India's data?

Which India releases should you read first?

Read the Monetary Policy Committee resolution first for the policy rate and stance, then CPI (12th) and WPI (14th) for consumer and wholesale price pressure, the PLFS bulletin (15th) for labour conditions and IIP (28th) for output. Quarterly GDP arrives last and describes the quarter that ended two months earlier. This is a reading order, not a trading recommendation.

Frequently Asked Questions

When is India's CPI released each month?

The MoSPI advance release calendar for 2026-27 schedules the All India Consumer Price Index on the 12th of each month, or the next working day if that date is a holiday. WPI follows on the 14th and the Index of Industrial Production on the 28th.

Who sets India's repo rate and how often?

The six-member Monetary Policy Committee of the Reserve Bank of India sets the policy repo rate. The RBI Act requires it to meet at least four times a year, and the RBI publishes a resolution after each meeting and the minutes on the 14th day after.

What is the inflation target in India?

The Central Government sets a CPI inflation target of 4 percent with a tolerance band of 2 to 6 percent. On March 25, 2026 it retained that target and band for the period April 1, 2026 to March 31, 2031.

References

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