India : Staff Report for the 2006 Article IV Consultation

Author/Editor:

International Monetary Fund

Publication Date:

February 14, 2007

Electronic Access:

Free Full text (PDF file size is 1166 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This 2006 Article IV Consultation highlights that India’s economy has continued to grow above trend, with an average growth of 8 percent in the last three years. Growth is broad based, with robust consumption, investment, and exports. With manufacturing expanding at more than 10 percent y/y, industry has joined services as an engine of growth. Net foreign investor inflows rebounded after the May/June 2006 stock market correction, and stock prices recovered smartly, reaching new historical highs. Real estate prices continue to grow at a rapid clip on the back of a credit boom.

Series:

Country Report No. 07/63

Subject:

English

Publication Date:

February 14, 2007

ISBN/ISSN:

9781451818642/1934-7685

Stock No:

1INDEA2007001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

Please address any questions about this title to publications@imf.org