India Macro Indicators
India Macro Indicators
TREND | 13 Apr 2018
Choice India
IIP expands by 7.1% in Feb 2018; CPI inflation eases to 4.3% in Mar 2018 Outlook: Manufacturing conditions has improved significantly over the last four months as avg. factory output growth was recorded at 7.6% driven by strong performance of manufacturing sector. While the expansion in capital good can also be attributed to favorable base effect in Feb, avg. 11% growth over the last seven months showing that investment scenario in the economy has improved. Strong growth in consumer durable and non-durables sector indicated broad based improvement in the demand. IIP growth is expected to remain strong in the coming...
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