Monthly Economic Report: October 2011

  • Monthly Economic Report: October 2011

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November 25, 2011

The overall growth of GDP at factor cost at constant prices, as per Revised Estimates, was 8.5 per cent in 2010-11 representing an increase from the revised growth of 8.0 per cent during 2009-10.

Overall growth in the Index of Industrial Production (IIP) was 3.3 per cent during July 2011. Eight core Infrastructure industries grew by 7.8 per cent in July 2011 as compared to the growth of 5.7 per cent in July 2010.

Broad money (M3) (up to August 26, 2011) increased by 5.2 per cent as compared to 4.5 per cent during the corresponding period of the last year.

Exports, in US dollar terms increased by 81.8 per cent and imports increased by 51.5 per cent, during July 2011.

Foreign Currency Assets stood at US$ 286.3 billion at end August 2011 as compared to US$ 256.5 billion at end August 2010.

Monthly Economic Report released by the Ministry of Finance:

Monthly Economic Report: October 2011