India : Staff Report for the 2006 Article IV Consultation

1INDEA2007001 Image
Price:  $18.00

Release Date: © February, 2007
ISBN : 978-1-45181-864-2
Stock #: 1INDEA2007001
English
Stock Status: On back-order

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Description

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.




More publications in this series: IMF Staff Country Reports