| |||||||||||||||||||||||||||||||||||||||||
For those who want to earn money by way of improving self knowledge about stock from the technical & fundamental research........
Monday, March 5, 2012
Reminder about your invitation from paresh bhatiya
Monday, February 27, 2012
Reminder about your invitation from paresh bhatiya
| |||||||||||||||||||||||||||||||||||||||||
Wednesday, February 22, 2012
Invitation to connect on LinkedIn
| |||||||||||||||||||||||||||||||||||||||||
Thursday, February 9, 2012
Dec IIP growth slows down to 1.8% vs 5.9% in Nov
Industrial output in December has slowed down to 1.8% versus 5.9% in November. This is significantly below CNBC-TV18's estimates of 3.45%.
This slowdown was clearly indicated in the weak core sector numbers that was announced earlier. Core ectors like steel, cement, fertilisers, crude and refinery grew by only 3.1% in December compared to well over 6% in November. Core sector comprises 38% of the IIP basket.
However, IIP is not a data that Reserve Bank of India looks very closely, especially the provisional numbers because they tend to be very volatile. Definitely for RBI policymaking, which is expected to ease in March and April, the WPI numbers expected to be announced on February 14 will be much more important.
Here is a snapshot:
Capital goods growth at -16.5% vs -4.6% (MoM)
Mining goods growth at -3.7% vs -4.4% (MoM
Manufacturing goods growth at 1.8% vs 6.6% (MoM)
Consumer durables growth at 5.3% vs 11.2% (MoM)
Non-durable consumer goods growth at 13.4% vs 14.8% (MoM)
Consumer goods growth at 10% VS 13.1% (MoM)
Electricity growth at 9.1% vs 14.6% (MoM)
Basic goods growth at 4% vs 6.3% (MoM)
Intermediate goods growth -2.8% at vs 0.2% (MoM)
This slowdown was clearly indicated in the weak core sector numbers that was announced earlier. Core ectors like steel, cement, fertilisers, crude and refinery grew by only 3.1% in December compared to well over 6% in November. Core sector comprises 38% of the IIP basket.
However, IIP is not a data that Reserve Bank of India looks very closely, especially the provisional numbers because they tend to be very volatile. Definitely for RBI policymaking, which is expected to ease in March and April, the WPI numbers expected to be announced on February 14 will be much more important.
Here is a snapshot:
Capital goods growth at -16.5% vs -4.6% (MoM)
Mining goods growth at -3.7% vs -4.4% (MoM
Manufacturing goods growth at 1.8% vs 6.6% (MoM)
Consumer durables growth at 5.3% vs 11.2% (MoM)
Non-durable consumer goods growth at 13.4% vs 14.8% (MoM)
Consumer goods growth at 10% VS 13.1% (MoM)
Electricity growth at 9.1% vs 14.6% (MoM)
Basic goods growth at 4% vs 6.3% (MoM)
Intermediate goods growth -2.8% at vs 0.2% (MoM)
Subscribe to:
Posts (Atom)