i Develop Stocks Advisory

Monday, May 12, 2008

IIP-Industrial Production growth sinks
Industrial production growth has sinked to 3 per cent in March 2008 from 14.8 per cent a year ago.

Index of Industrial Production has grown at 8.1 per cent in April-March 2007-08, down from 11.6 per cent in year-ago period.

GMT+5:30	Event	Vol.	Actual	Consensus	Previous
Thursday, Jun 12
11:30	Manufacturing Production (YoY)	1	0.4%	0.4%	-0.8%
11:30	Industrial Production (YoY)	1	-0.3%	-0.2%	-0.7%
11:30	Manufacturing Production (MoM)	2	-0.9%	-0.8%	-0.8%
11:30	Industrial Production (MoM)	2	-0.6%	-0.5%	-0.7%
n/a	NIESR GDP Estimate (3M)	1	0.4%		0.7%	Revised from 0.6%
18:00	Producer Price Index (MoM)	2		0.2%	-0.5%
18:00	Producer Price Index ex Food & Energy (MoM)	2		0.3%	-0.4%
18:00	Producer Price Index ex Food & Energy (YoY)	3		3.1%	3.1%
18:00	Producer Price Index (YoY)	2		2.6%	2.4%
18:00	Initial Jobless Claims 4-week average	1			235K