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India to Enhance Economic Data Reporting with Monthly Labour Surveys, Revised IIP Release Date, and New Private Capex Report
As part of its efforts to enhance transparency and streamline statistical reporting, the Ministry of Statistics and Programme Implementation (MoSPI) has released the Advance Release Calendar for 2025-26.
This comprehensive schedule outlines the planned publication dates for key macroeconomic indicators such as GDP, IIP, and CPI, along with survey reports including the Periodic Labour Force Survey (PLFS), Annual Survey of Industries (ASI), and the Annual Survey of Unincorporated Sector Enterprises (ASUSE). A new private sector capex data will also be released.
The nodal agency is set to enhance the frequency and timelines of key economic data releases, introducing a private sector capex survey, monthly labour force reports, and a revised schedule for industrial output data from FY26.
Revised release date for IIP
From April, the Index of Industrial Production (IIP) data will be released on the 28th of each month instead of the 12th, reducing the time lag from 42 days to a more current monthly cycle.
As reported by CNBC-TV18 on November 29, 2024, the government had been deliberating on reducing the time lag between IIP releases from 42 days to 30 days to ensure more timely economic data. Sources had indicated that this shift would lead to a revision in release dates, aligning IIP data more closely with other macroeconomic indicators.
In December 2024, it was also reported that the government is working on revising the base year for IIP as part of a broader statistical update, with a new IIP series expected by March FY26.
Periodic Labour Force Survey
To meet the growing demand for more frequent employment data, the government will begin releasing monthly Periodic Labour Force Survey (PLFS) reports from April, covering both rural and urban areas.
CNBC-TV18 had in December reported that MoSPI would shift to monthly labour estimates, aiming to make India’s statistical system more responsive.
These reports will be published on the 15th of every month. So far the PLFS was a quarterly release only. The quarterly PLFS reports will follow a month after the quarter ends.
The National Sample Survey Office (NSSO) introduced PLFS in 2017, currently publishing rural data annually and urban data quarterly.
Private Capex Survey
The MoSPI will also come out with a booklet on private corporate sector capex investment intentions 2024 on April 30, 2025. With these changes, MoSPI aims to strengthen India’s economic data ecosystem, providing policymakers, analysts, and the RBI with more timely, accurate, and relevant insights for decision-making.
The MoSPI has already advanced the release time of macroeconomic data for the CPI and IIP by 1.5 hours, from 5.30 pm to 4 pm, to provide users more time to access and analyse CPI and IIP data and align with the closing hours of India’s major financial markets, helping avoid interference with active trading.