Info-Graphs

BNP Paribas MF – Indian Macro-Economic Dashboard

Takeaways from the report:

  • Consumption growth continues to be strong
  • Petrol and diesel consumption is picking up in the face of rising prices
  • Commercial Paper issuances have fallen and deposit growth has accelerated (it is typically a March phenomenon should reverse in April)
  • Overall inflation eased in March (core inflation excluding Primary article at 43 months high of 5.4%)
  • Both service and manufacturing PMI are in expansion zone

 

 

By Ritesh Jain – CIO, BNP Paribas Asset Management India Private Limited