India Macro Data Release Calendar

A comprehensive reference schedule of official government and central bank economic prints. Dates reflect typical publishing windows from the Reserve Bank of India (RBI), Ministry of Statistics and Programme Implementation (MoSPI), and Ministry of Finance.

Monthly Cycle — Core Indicators

Regular economic releases published at predictable monthly windows

Window	Report	Official Source	Key Figure to Watch
1st – 3rd of month	GST Collections	PIB / gst.gov.in	Gross GST collected (₹ lakh crore), y-o-y growth
1st – 5th of month	PMI Manufacturing & Services	S&P Global	Index level, above/below 50 line
12th – 14th of month	CPI Inflation	MoSPI — mospi.gov.in	Headline, food, fuel, core CPI (y-o-y %)
14th – 15th of month	WPI Inflation	Ministry of Commerce	Wholesale price index (y-o-y %)
14th – 16th of month	Merchandise Trade	Ministry of Commerce	Exports, imports, trade deficit ($bn)
Last week of month	IIP (Industrial Production)	MoSPI — mospi.gov.in	Manufacturing / mining / electricity growth
Last day of month	Fiscal Deficit (CGA Data)	Controller General of Accounts	Fiscal deficit as % of budget target (BE)

Bimonthly & Quarterly Decisions

Central banking monetary policy and national accounts estimates

Frequency	Report	Official Source	Key Figure to Watch
Bimonthly (Feb, Apr, Jun, Aug, Oct, Dec)	RBI Monetary Policy Committee (MPC) Decision	Reserve Bank of India	Repo rate, stance, inflation & GDP forecasts
Quarterly (Last working day May, Aug, Nov, Feb)	GDP Quarterly Estimates	MoSPI (NSO)	Real GDP y-o-y growth, GVA by sector
Quarterly (~ end of Mar, Jun, Sep, Dec)	Current Account Deficit (BoP)	Reserve Bank of India	CAD as % of GDP, services export surplus

Daily & Weekly Feeds

High frequency liquidity conditions and foreign exchange updates

Frequency	Data Stream	Official Source	Key Figure to Watch
Daily (5:00 PM IST)	Banking System Liquidity Operations	RBI / CCIL	Net deficit or surplus injected/absorbed (₹ Cr)
Weekly (Every Friday 5:00 PM IST)	Foreign Exchange (Forex) Reserves	RBI Weekly Statistical Supplement	Total reserves ($bn), weekly change, FCA & gold

Frequently Asked Questions on India Economic Releases

When does the RBI Monetary Policy Committee (MPC) announce repo rate decisions?

The RBI Monetary Policy Committee meets bimonthly (six times a year), typically in February, April, June, August, October, and December. The policy resolution, interest rate decisions, and growth/inflation projections are announced at 10:00 AM IST on the final day of the 3-day MPC meeting.

On what day is India's Retail CPI Inflation data released?

India's headline Consumer Price Index (CPI) retail inflation is published monthly by the National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI), usually on the 12th of every month at 5:30 PM IST (or the preceding working day if the 12th falls on a weekend or public holiday).

When is India's quarterly GDP growth data published?

Quarterly Gross Domestic Product (GDP) and Gross Value Added (GVA) estimates are published by MoSPI on the last working day of May (Q4 Jan-Mar), August (Q1 Apr-Jun), November (Q2 Jul-Sep), and February (Q3 Oct-Dec).

Where and when is daily banking system liquidity data updated?

Net systemic banking liquidity (deficit or surplus) is published every evening around 5:00 PM IST by the Reserve Bank of India and the Clearing Corporation of India Limited (CCIL), tracking reverse repo, repo, MSF, and Standing Deposit Facility (SDF) net absorption and injection.

How frequently are India's Foreign Exchange (Forex) Reserves announced?

The Reserve Bank of India releases official Foreign Exchange Reserves figures weekly in its Weekly Statistical Supplement (WSS) every Friday at 5:00 PM IST, covering total reserves ($bn), foreign currency assets (FCA), gold reserves, and Special Drawing Rights (SDRs).