assocham economic weekly sept 2013
ASSOCHAM Economic Weekly
01st September, 2013
Assocham Economic Research Bureau
THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA
Contents
1. Macroeconomy
1.1 Gross Domestic Product, Q1: 2013-14
1.2 Consumer Price for Industrial Worker, July 2013
1.3 Centre’s Fiscal situation in the first four months of 2013-14
1.4 Change in tariff value of gold and silver
2. Corporate Sector
2.1 Sectoral Deployment of Bank Credit, July 2013
2.2 Foreign Tourist in India and Foreign Exchange Earnings
3. Market Trends
4. Global Developments
4.1 Euro area annual inflation
4.2 China’s Industrial Profits
4.3 US jobless rates down this year
2
5. Data Appendix
1. Macroeconomy
1.1 Gross Domestic Product, Q1: 2013-14
Quarterly GDP at factor cost at constant (2004-05) prices for Q1 of 2013-14 is estimated at Rs.
13.71 lakh crores, as against Rs. 13.14 lakh crores in Q1 of 2012-13, showing a growth rate of 4.4 per cent over the corresponding quarter of previous year.
The economic activities which registered significant growth in Q1 of 2013-14 over Q1 of 2012-13 are ‘financing, insurance, real estate and business services’ at 8.9 per cent and ‘community, social and personal services’ at 9.4 per cent. The estimated growth rates in other economic activities are:
3.9 per cent in ‘trade, hotels, transport and communication’, 3.7 per cent in ‘electricity, gas & water supply’, 2.8 per cent in ‘construction’, 2.7 per cent in ‘agriculture, forestry & fishing’, (-)
1.2 per cent in ‘manufacturing’ and (-)2.8 per cent in ‘mining & quarrying’ during this period.
Index of Industrial Production (IIP) the index of mining, manufacturing and electricity, registered growth rates of (-) 4.5 per cent, (-) 1.2 per cent and 3.5 per cent, respectively during Q1 of 201314, as compared to the growth rates of (-) 1.6 per cent, (-) 0.8 per cent and 6.4 per cent in these sectors during Q1 of 2012-13.
The key indicators of construction sector, namely,
01st September, 2013
Assocham Economic Research Bureau
THE ASSOCIATED CHAMBERS OF COMMERCE AND INDUSTRY OF INDIA
Contents
1. Macroeconomy
1.1 Gross Domestic Product, Q1: 2013-14
1.2 Consumer Price for Industrial Worker, July 2013
1.3 Centre’s Fiscal situation in the first four months of 2013-14
1.4 Change in tariff value of gold and silver
2. Corporate Sector
2.1 Sectoral Deployment of Bank Credit, July 2013
2.2 Foreign Tourist in India and Foreign Exchange Earnings
3. Market Trends
4. Global Developments
4.1 Euro area annual inflation
4.2 China’s Industrial Profits
4.3 US jobless rates down this year
2
5. Data Appendix
1. Macroeconomy
1.1 Gross Domestic Product, Q1: 2013-14
Quarterly GDP at factor cost at constant (2004-05) prices for Q1 of 2013-14 is estimated at Rs.
13.71 lakh crores, as against Rs. 13.14 lakh crores in Q1 of 2012-13, showing a growth rate of 4.4 per cent over the corresponding quarter of previous year.
The economic activities which registered significant growth in Q1 of 2013-14 over Q1 of 2012-13 are ‘financing, insurance, real estate and business services’ at 8.9 per cent and ‘community, social and personal services’ at 9.4 per cent. The estimated growth rates in other economic activities are:
3.9 per cent in ‘trade, hotels, transport and communication’, 3.7 per cent in ‘electricity, gas & water supply’, 2.8 per cent in ‘construction’, 2.7 per cent in ‘agriculture, forestry & fishing’, (-)
1.2 per cent in ‘manufacturing’ and (-)2.8 per cent in ‘mining & quarrying’ during this period.
Index of Industrial Production (IIP) the index of mining, manufacturing and electricity, registered growth rates of (-) 4.5 per cent, (-) 1.2 per cent and 3.5 per cent, respectively during Q1 of 201314, as compared to the growth rates of (-) 1.6 per cent, (-) 0.8 per cent and 6.4 per cent in these sectors during Q1 of 2012-13.
The key indicators of construction sector, namely,