India GDP 6.9 % Big Drops, High inflation

[danger007]

GDP 6.9% - inflation 9.73%

India real GDP = (-2.83%)

typical chinese trolling. is that mean chinese gdp 9.5 %-5.5% inflation=4%

 

[Adnan Faruqi]

Its a temporary and global phenomenon.

See this for proof.

China GDP Drops As Inflation Climbs

China GDP Drops As British Inflation Climbs | Wall St. Cheat Sheet

 

[lamlap]

Dear Inflation has come down by 1.6% and you ll see how it falls in the next months..
Slow GDP growth rate less inflation..China followed the same model and the results are here
Inflation to fall sharply in next few months: PM - Business News - IBNLive

India August inflation = 9.00%
India Sept inflation = 9.72%
India October inflation = 9.73%

 

[Punjabbi Munda]

Hmm... while the Indians were busy bashing us by starting so many threads... their economy was sinking down to 6.9%.

First Indians were talking about "catching up with China" (which would require much more than a double-digit growth rate, considering that the China's economy is already four times larger)... then they lowered their goal to just being able to sustain 10% at least for a few years in a row.

Now they are lowering their goal even further, and hoping for a return to 8% growth.

I guess the Indian obsession with China, is turning out to be a strategic advantage for us, instead of trying to beat our economy, they are simply hoping that we will collapse first and save them the effort. What a plan, now it is paying off with a collapse in their growth rate.

Chinese newspapers are now talking for obsession with India.
Its time you should know.China is facing a slowdown as well,its growth rates are still good but way below than the earlier ones.
In fact Chinese industrial output is taking a new hit
China factory output drops most in 32 months - Economic Times

6.9% is still pretty decent,yes lower than expected but nothing like a breakdown/meltdown,still better than the entire world.

Euro/American crisis and downrating of several banks are the issues effecting both China and India.

---------- Post added at 12:03 PM ---------- Previous post was at 12:03 PM ----------

Hmm... while the Indians were busy bashing us by starting so many threads... their economy was sinking down to 6.9%.

First Indians were talking about "catching up with China" (which would require much more than a double-digit growth rate, considering that the China's economy is already four times larger)... then they lowered their goal to just being able to sustain 10% at least for a few years in a row.

Now they are lowering their goal even further, and hoping for a return to 8% growth.

I guess the Indian obsession with China, is turning out to be a strategic advantage for us, instead of trying to beat our economy, they are simply hoping that we will collapse first and save them the effort. What a plan, now it is paying off with a collapse in their growth rate.

Chinese newspapers are now talking for obsession with India.
Its time you should know.China is facing a slowdown as well,its growth rates are still good but way below than the earlier ones.
In fact Chinese industrial output is taking a new hit
China factory output drops most in 32 months - Economic Times

6.9% is still pretty decent,yes lower than expected but nothing like a breakdown/meltdown,still better than the entire world.

Euro/American crisis and downrating of several banks are the issues effecting both China and India.

 

[Adnan Faruqi]

That’s the weakest expansion since the second quarter of 2009, and matches the median of 6.9 percent in a Bloomberg News survey of 24 estimates.


India GDP = 6.9%
China GDP = 9.1%

India inflation in October= 9.73%
China inflation in Octover = 5.5%


with inflation that’s almost twice the rate in China.
India GDP Growth Slows as Inflation Bites - Bloomberg



Will India break up?

No.

But following is true.

GDP growth in Q1 of 2012 may below 8 pct: consulting report

the Chinese manufacturing PMI for November fell to 48.0 from 51.0 in October. This is the weakest reading for 32 months and has spooked the markets that fear that the Asian powerhouse is at risk form a hard landing.

A toxic cocktail for risk

 

[-INDIAN-]

That’s the weakest expansion since the second quarter of 2009, and matches the median of 6.9 percent in a Bloomberg News survey of 24 estimates.


India GDP = 6.9%
China GDP = 9.1%

India inflation in October= 9.73%
China inflation in Octover = 5.5%


with inflation that’s almost twice the rate in China.
India GDP Growth Slows as Inflation Bites - Bloomberg



Will India break up?

you did see this news too???how lame the Indian peoples are see now what happened Chinese are starting to know our secrets.....by the way lamlap continue your wet dreams

 

[Chinese-Dragon]

From the Bloomberg article:

The Reserve Bank of India has also been constrained in supporting the economy as it struggles with inflation that’s almost twice the rate in China and higher than in Brazil and Russia.

Despite falling to 6.9% growth, India's inflation rate is almost TWICE the rate of China's. And India has the highest inflation rate out of all the BRICS countries.

Also, it seems that the Indian Rupee is collapsing as well. From the same Bloomberg article:

The Indian currency has slumped 14.3 percent against the dollar this year, making it Asia’s worst performer as risks to global growth posed by Europe’s debt crisis prompted investors to sell stocks. The Sensitive Index has lost a fifth of its value in 2011.

India GDP Growth Slows as Inflation Bites - Bloomberg

 

[lamlap]

Incorrect buddy.

The GDP growth figure already takes inflation into account.

hehe, just for fun

---------- Post added at 04:07 PM ---------- Previous post was at 04:07 PM ----------

---------- Post added at 04:08 PM ---------- Previous post was at 04:07 PM ----------

India August inflation = 9.00%
India Sept inflation = 9.72%
India October inflation = 9.73%


China August inflation = 6.20%
China Sept inflation = 6.10%
China October inflation = 5.50%
China Nov inflation = 4.50%

 

[Lyrical Mockery]

the rupee did managed to gain against the dollar after the dramatic fall.


still, the question asked in this thread is baseless.

 

[Punjabbi Munda]

Food inflation eases to 9.01% on November 24, 2011
Food inflation eases to 9.01% on November 24, 2011
Inflation is coming down..

 

[FairAndUnbiased]

We are slowly gaining the advantage against Goldman Sachs and the Pentagon's global domination scheme.

Will Chinese Exchange

Our new precious metals exchange devastated Wall Street's vicious short of gold and silver.

India is feeling the burn as paper devalues everywhere against gold and silver, but in a high import economy, any devaluation is absolutely brutal and causes inflation.

I have a strong feeling that our actions against Wall Street/USgov/Pentagon have inadvertantly devastated India.

 

[Chinese-Dragon]

China has already been growing at double-digit rates for almost three decades now.

India meanwhile, never managed to sustain double-digit growth rates in the first place.

The fact that China's economy is still growing at 9%+, even despite already being four times bigger than the Indian economy, and already having grown at double-digits for decades, is quite remarkable.

India, with a much smaller base economy, should be finding it much easier to have a high percentage growth rate. But it seems they are too fixed on hoping that China will fail, and they aren't helping themselves.

 

[Punjabbi Munda]

hehe, just for fun

---------- Post added at 04:07 PM ---------- Previous post was at 04:07 PM ----------

---------- Post added at 04:08 PM ---------- Previous post was at 04:07 PM ----------

India August inflation = 9.00%
India Sept inflation = 9.72%
India October inflation = 9.73%


China August inflation = 6.20%
China Sept inflation = 6.10%
China October inflation = 5.50%
China Nov inflation = 4.50%

China is 5.5 and India is ~9%

 

[lamlap]

good job

 

[A1Kaid]

Artificial bubble localized growth...