Data on International trade & Inflation for Dec’16 and IIP for the month of Nov were released by government agencies earlier this week. Coming in the backdrop of demonetisation and its expected adverse impact, the figures were much awaited. To the relief of the government, the economy appears to have performed well on all the three parameters. … Continue reading Trade, IIP and Inflation – Nov/Dec Performance..
The IIP numbers have a great meaning and implication for India as it is primarily dependent on the industries to provide jobs for its people. Even though service sector has been doing good, there are large number of low-educated, low-skilled people who can be absorbed in industries only and not much in service sector. Despite its impact … Continue reading Decoding IIP (Index of Industrial Production)
For second consecutive week, economy witnesses more activity on policy, regulations and macro economic front rather than corporate action. Inflation and IIP (Index of Industrial Production) data is released showing their continued roller-coaster ride. After falling for three months, retail inflation again rises in April. On the other hand, IIP growth rate comes down to barely … Continue reading Weekly Round Up – Week 19