BNP Paribas MF – April 2018 Indian Macro-Economic Dashboard

Updated on

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


BNP Paribas MF Macro Dashboard April 16 2018 2


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

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