Indian Economic Alert

IIP For December 2009 @16.8% vs 11.7% from November

Manufacturing Growth @18.5% vs -6%

Industrial Growth @8.6 vs 3%

Electricity @ 5.4%  vs 1.6%

Capital Goods 39.8% vs 6.6%

Basic Goods @7.5% vs 2%

Consumer Goods @12% vs 1.7%

Consumer Durable @46% vs -4.2%

Big blast in Consumer Durable Growth makes IIP Positive. Indian Economy starts its positive run.  This may a green signal for Global Economy to become positive.

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