By Malvika Gurung
Investing.com — Home country investors will be busy in the week beginning March 13, as it is packed with multiple domestic and global economic data.
India will release its February 2023 (CPI) data on Monday, March 13, 2023, setting the stage for what to expect and next course of action for the country’s central bank, Reserve Bank of India at the upcoming monetary policy meeting scheduled for early April.
According to Investing.com’s forecast, retail inflation has cooled slightly in February compared to the January release, but will still be above the RBI-mandated tolerance range of 2-6%.
Read also: India CPI Timing, Investing.com Forecast: Likely to Ease in February
The country will also announce its (WPI) inflation rate for February 2023 on Tuesday, March 14, 2023, another important economic indicator. Investing.com estimates WPI inflation will also ease in February compared to the previous month.
India will be , and also release figures on Tuesday, March 14.
Domestic market indices ended a volatile week with losses on Friday and fell more than 1% in a holiday week, led by mixed domestic and global signals, notably rising concerns over the US Fed rate hike and the collapse of the SVB Financial Group that shocked the market.
Read also: US, India CPI, WPI are among the key economic data to move markets this week