India Macro Indicators
India Macro Indicators
TREND | 14 Sep 2016
HDFC Securities
The substantial decline in IIP for Jul-16 to a 3 month low was mainly on account of the anomalous head of rubber cables (reduction of 4.24 percentage points from headline print) within capital goods. The same is expected to be rectified with the introduction of a new series before the end of CY17.
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