Friday, October 26, 2007
The `slowdown' in IIP consumer durables
In Financial Express today, Ila Patnaik examines the `IIP consumer durables slowdown' and finds it's mostly about bad data.
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Couldn’t agree more with the article… Just to substantiate the point further - the fact that the air-conditioning companies like Blue Star etc. are showing excellent growth numbers for the same period (look for the latest Q2 results) makes it even more imperative for the government to revise the index & remove this discrepancy as soon as possible
ReplyDeletethere are some more graphs on india's macro-picture that i have put up here. after reading this piece, it is perhaps, useful to use these gingerly...
ReplyDeletehttp://volcurve.blogspot.com/