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India Government Budget Value fell to -12,526.5 in February 2026, released March 2026, down 2,712.5 from January's -9,814 reading. The reading matched the -13,100 consensus. Government Budget Value has now declined for 3 consecutive months. Over the past 3 months, Government Budget Value averaged -9,379.7, vs -6,991 in the prior 3-month window. Government Budget Value is now the lowest in 9 months.
The March 2026 reading fell from the previous value of -9,814. Historically, this indicator is negatively correlated with Hang Seng (Bearish Hang Seng) and positively correlated with Nikkei 225 (Bullish Nikkei 225).
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| Thursday, May 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 06:30 | WPI Manufacturing YoY | 4.62 | 3.39 | 3.9 | 4.29 | Low | |
| 06:30 | WPI Inflation YoY | 8.3 | 3.88 | 4.4 | 5.53 | Low | |
| 06:30 | WPI Food Index YoY | 2.31 | 1.85 | 2.2 | 2.41 | Low | |
| 06:30 | WPI Fuel YoY | 24.71 | 1.05 | 3 | 7.88 | Low | |