Indian Data Watch - General Budget on July 6

DAY LOCAL/GMT INDICATOR/EVENT PERIOD FORECAST PREVIOUS
--------------Calendar for July 6
week------------------------
Mon 1100/0530 General Budget for 2009/10
Thu 1200/0630 Wholesale price index (WPI)

Jun 27 N/F -1.30 pct
Fri 1200/0630 Industrial output May N/F 1.4 pct
Fri 1700/1130 Forex reserves Jul 03 N/F $264.58 bln
--------------Calendar for July 13
week-----------------------
Thu 1200/0630 WPI Jul 04 N/F NA
Fri 1700/1130 Forex reserves Jul 10 N/F NA
Fri 1700/1130 M3 money supply Jul 03 N/F 20.2 pct
Fri 1700/1130 Bank credit Jul 03 N/F 15.8 pct
--------------Calendar for July 20
week-----------------------
Thu 1200/0630 WPI Jul 11 N/F NA
Fri 1700/1130 Forex reserves Jul 17 N/F NA
--------------Calendar for July 27
week-----------------------
Thu 1200/0630 WPI Jul 18 N/F NA
Fri 1200/0630 Infrastructure June N/F 2.8 pct

output @
Fri 1600/1030 Fiscal deficit Apr-Jun N/F 908 bln

(in bln rupees)
Fri 1700/1130 Forex reserves Jul 24 N/F NA
Fri 1700/1130 M3 money supply Jul 17 N/F NA
Fri 1700/1130 Bank credit Jul 17 N/F NA
@ Tentative date
--------------------------------------------------------------

CURRENT WK-EARLIER YR-EARLIER
WPI Jun 20 -1.30 pct -1.14 pct 11.91 pct
Forex reserves Jun 26 $264.58 bln $263.7 bln $311.8 bln
--------------------------------------------------------------

BI-MONTHLY CURRENT TWO WK-EARLIER YR-EARLIER
M3 (yoy) Jun 19 20.2 pct 20.2 pct 20.7 pct
Bank deposit Jun 19 39.66 39.72 32.5
(Rs. trillion)
Bank credit Jun 19 27.70 27.6 23.9
(Rs. trillion)
--------------------------------------------------------------

MONTHLY CURRENT MONTH EARLIER YR EARLIER
Fiscal deficit May 27.3 pct 16.3 pct 54.9 pct
(pct of
budget target)
Trade balance May -$5.2 bln -$5 bln -$11.13 bln
Exports May $11 bln $10.74 bln $15.55 bln
Imports May $16.2 bln $15.7 bln $26.68 bln
Industry output Apr 1.4 pct -0.8 pct 6.2 pct
Infrastructure May 2.8 pct 5 pct 3.1 pct
output
Car sales May 113,490 102,899 110,745
(domestic)
Cement output May 16.68 16.84 14.89
(mln tonnes)#
Cement May 16.46 16.65 14.86
despatches (mln tonnes)#
NOTE - Figures have been rounded off;
# Cement production and despatches figures are provisional as
compiled by Cement Manufacturers' Association of India.
--------------------------------------------------------------
QUARTERLY PERIOD CURRENT QTR EARLIER QTR YR-AGO
GDP Jan-Mar 5.8 pct 5.8 pct 8.6 pct
Balance of Jan-Mar $0.3 bln -$17.88 bln $24.99 bln
payment @
@ (+)indicates surplus and (-) deficit
--------------------------------------------------------------
ANNUAL 2008/09 2007/08 2006/07 2005/06
Population (million) 1,144 1,127 1,111 1,107
Real GDP growth (pct) 6.7 9.0 9.7 9.5
Industrial output 2.6 8.5 11.6 9.6
(pct growth)
Agricultural output 1.6 4.9 4.0 5.8
(pct growth)
Fiscal deficit 6.2 2.8 3.5 4.1
(% of GDP)
Balance of Payments -20.08 +92.16 +36.61 +15.05
(in $ bln) @
Current a/c -29.82 -17.03 -9.57 -9.9
balance (in $ bln) @
Exports (merchandise) 168.7 163.13 128.08 105.15
(in $ bln)
Car production 1.52 1.43 1.24 1.05
(mln units)
Car sales (mln units) 1.22 1.20 1.08 0.88
@ (+) indicates surplus, (-) indicates deficit
--------------------------------------------------------------
(Estimates are as per Central Statistical Organisation)
SOVEREIGN RATINGS (OUTLOOK) FOR LONG-TERM FOREIGN CURRENCY
DEBT:
Moody's Baa3 (stable); S&P BBB-(negative); Fitch BBB-
(stable)
($1=47.89 rupees)
(Compiled by Rajesh Kumar Singh and Rajkumar Ray; Editing by
Ramya Venugopal)