Indian Economy Update

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Stephen R


Date added:

September 9, 2015








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Besides the fuel price increase, the uptrend seen in basic metals and iron-ore since the last two months continues up 20.7% and 41.6% respectively. ? Key Contributors to Inflation and Index Revisions: Primary articles were up 10.8%; manufactured products were up 9.1% while the fuel price index was up 16...
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Of the headline 11.05% WPI number, 2.5% is attributed to primary articles, 5.1% to manufacturing and 3.5% to the fuel index. As seen in the chart below, upward revisions to the index continue with the April 12 data being revised up from 7.33% to 7.95% ? Monetary Tightening to Continue: As mentioned in our latest Macroscope (see https://www...
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