SOUTHBOUND
Sliding Confidence
BCI Has Been Below 50 For Several Quarters
BCI by Sector
BCI by Size
Macro Details
Inflation rises CPI Inflation (Y-o-Y %)
Industrial production a mixed bag
But exports up month-on-month
* NSO has stated that it would not be appropriate to compare the IIP of April and May 2020 with indices of earlier months. The growth rates in the tabulation are calculated by CMIE from the index numbers.
has hit the country’s economy hard. Ac-cording to provisional data released by the National Statistical Office, India’s gross domes-tic product (GDP) contracted 7.3 per cent in FY21, the biggest dip Business Confidence Index (BCI) fell to 43.2 in the June quarter, against 45.5 in the previous quarter and 43.8 in the quarter before that. Market research agency C fore quizzed 500 CEOs and chief financial officers across 12 cities for the survey.
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