TITLE

Economic Growth: Consumer Demand - Recent Developments

PUB. DATE
March 2012
SOURCE
India Country Monitor;Mar2012, p8
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article focuses on developments in consumer demand in India in 2011. It mentions the 6.3% expansion of the consumer-goods output year-on-year (y/y) in July 2011. It asserts that the country's domestic credit remains steady despite the issue of credit crunch worldwide. It claims that there is a 40% increase in the private-sector credit's ratio to gross domestic product (GDP).
ACCESSION #
72443585

 

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