Govt Advances GDP Data Release Time by 90 Minutes to 4 pm

Last Updated: November 08, 2024, 12:06 IST

MoSPI states it has really decided to change the launch time for journalism launches of GDP approximates from 5.30 pm to 4.00 pm, to supply the customers/media/public much more time on the day of launch to achieve entry to GDP data.

The federal authorities on Friday acknowledged it has really progressed the launch of gdp (GDP) data by round 90 minutes to 4pm. Currently, the GDP is launched at 5.30 pm on the outlined launch days.

The federal authorities has really decided to change the launch time for journalism launches of GDP approximates from 5.30 pm to 4.00 pm to supply the customers/media/public much more time on the day of launch to achieve entry to GDP data, the Ministry of Statistics and Programme Implementation (MoSPI) in a declaration.

The brand-new launch time straightens with the closing hours of great financial markets in India, guaranteeing that GDP data circulation doesn’t battle with energetic buying and selling, the ministry specified.

This change moreover sticks to MoSPI’s dedication to openness and ease of entry in data circulation.

The following information launch of GDP approximates for the 2nd quarter (July–September) of fiscal yr 2024-25 will definitely therefore be available on November 29, 2024, at 4 pm on the positioning of Press Information Bureau and Ministry’s primary web site (https://www.mospi.gov.in).

The National Statistical Office (NSO), MoSPI launches yearly and quarterly value quotes of GDP primarily based on the pre-specified releases/publication timetable set beforehand launch schedule of quite a few macroeconomic indicators.

Earlier this month, MoSPI moreover modified the second for launch of Index of Industrial Production (IIP) and Consumer Price Index (CPI) from 5.30 pm to 4.00 pm.