Data Shows the Indian Economy Continues
to Outperform in June


 
Indian Sales Managers reported another month of economic expansion in June. All Indexes remained over the 50 "no growth" level, in most cases more than comfortably over.

The Market Growth Index remains close to the 5-year high achieved in May, reflecting the secure position in which the majority of sales managers now view their expanding markets.



Business Confidence remained high reflecting not just the present situation, but Sales Managers optimism over the outlook for the next half year.

Potentially bad news came in with the June Price Index, which remained close to the uncomfortable high level reached in May. But a continuing low level of activity reflected by the Jobs Index suggests that economic activity is still likely to be firmly rooted in a stable environment, rather than in an out of control boom.

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