Economic analysis of india

 Economic Analysis is very important in order to the exact condition of an economy. This process analyze the strength and weakness of an economy.  India economic analysis provides various effort on economic condition of this south-east Asian country. It can be done both at a microeconomic as well as a macroeconomic level. India economic analysis could also be described as being an explanation of various economic phenomena going on in this country. 

 

Finanace Minister:  Pranab Mukarjee

India's economy moving in positive direction: Pranab

India's Finance Minister said India's economy moving in positive direction and hoped international commodity prices would decline, helping the government tame inflation and cut subsidies. Mukherjee maintained that India's economic fundamentals were strong and capable of meeting any challenge posed by the downgrade of the US economy and the crisis in some eurozone nations.

Consumer Price Index

Price Changes

8:30: Consumer Price Index (April): Higher core. We expect another unfriendly CPI report this month. Specifically, we forecast that the all-items CPI rose by 0.39% mom in April, and that the core increased by 0.19% mom. Our forecast for an acceleration in the core (after a gain of 0.14% in March) primarily reflects higher apparel and medical care inflation. If our forecast is correct, year-over-year economic growth in the core CPI would rise to 1.3%
On headline, GS: +0.39%; median forecast (of 76): +0.4%; last +0.55%.
On core, GS: +0.19%; median forecast (of 77): +0.2%; last +0.14%.