Fairval

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IIP plumbs new depths

Posted by fairval on January 11, 2014

This blog has highlighted earlier how this is the worst slowdown in the last 2 decades. The following chart shows how this is far worse that the FY01 to FY03 slowdown. The chart uses 12 month rolling average IIP. This metric never even touched 2% in FY01-03. This time, its been below 2% for 18 MONTHS! With no recovery in site yet.

The UPA government has screwed this country with untamable inflation.

Rolling 12 month average IIP

Rolling 12 month average IIP

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