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GDP growth should rise to 6.0% in fiscal year 2013, with a normal monsoon likely to lift agricultural output. Exports, industry, and services are expected to expand on stronger domestic and external demand. However, reforms that eliminate bottlenecks blocking investment are essential to reignite high growth.
Real Gross Domestic Product (y-o-y growth, %)
y-o-y = year-on-year.
Source: CEIC database; Ministry of Statistics and Program Implementation.
Source: CEIC database; Ministry of Statistics and Program Implementation.
| Latest | Month-Ago | Year-Ago | ||
|---|---|---|---|---|
| Exchange Rate Index 1 | 82.6 (Feb13) | 81.8 | 90.3 | |
| Merchandise Export Growth 2 | -2.4 (Jan13) | -3.6 | 7.9 | |
| Composite Stock Price Index 3 | 140.8 (Mar13) | 144.3 | 129.3 | |
| Growth of Broad Money 4 | 7.8 (Jan13) | 6.9 | 6.7 | |
| Industrial/Manufacturing Production Growth Rate 5 | -0.1 (Nov12) | 8.3 | 6.0 | |
| Headline Inflation Rate 5 | 6.6 (Jan13) | 7.2 | 7.2 | |
| Claims on the Private Sector 5 | 19.0 (Nov12) | 16.9 | 17.9 | |
| 1 Monthly average, January 2006 = 100, $/local currency; an increase from previous period indicates appreciation. 2 3-month moving average, y-o-y, %. 3 Monthly average, January 2007=100, local index. 4 M2, y-o-y, %. 5 y-o-y, %. | ||||
| Source: Bloomberg LP; CEIC database; Ministry of Commerce and Industry; IMF International Financial Statistics Online; Ministry of Statistics and Program Implementation. | ||||
