Pantheon Macroeconomics

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14th Jun 2022 00:10Emerging Asia, Daily Monitor

IP growth in India jumped to an eight-month high of 7.1% in April, thanks partly to base effects...

...These hid a pullback in consumer durables, while the key bounce in capital goods is unsustainable.

Looking ahead, the cyclical improvement in the inventory-to-sales ratio looks to be petering out.

capital goods consumer durables gdp growth india industrial production ip IP growth q1 rbi stocks

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Keywords for: Beware of the Pitfalls in India's Market-Beating IP Print for April

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