India : Staff Report for the 2006 Article IV Consultation
Electronic Access:
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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:
Article IV consultation reports Debt sustainability analysis Economic growth Economic indicators Economic reforms Financial systems Fiscal management Fiscal reforms India Price stabilization Public information Staff Reports
English
Publication Date:
February 14, 2007
ISBN/ISSN:
9781451818642/1934-7685
Stock No:
1INDEA2007001
Format:
Paper
Pages:
66
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