ECONOMIC NEWS AND DATA

INDIA:-

GROSS DOMESTIC PRODUCT (GDP) DATA UPDATES:-

FY12 GDP at 6.5% Vs 6.9% (YoY)

FY12 GDP Sectoral Performance (YoY)

Mfg Sector at 2.5% Vs 7.6%

Farm Sector at 2.8% Vs 7%

Mining Sector at -0.9% Vs 5.00%

Construction sector at 5.3% Vs 8%

Industry Growth at 3.4% Vs 7.2%

Service Sector Growth at 8.9% Vs 9.3%

Q4 FY12 GDP Numbers (YoY)

Q4 GDP at 5.3% Vs 6.1%

Q4 FY12 GDP Sectoral Performance (YoY)

Mfg Sector at -0.3% Vs 7.6%

Farm Sector at 1.7% Vs 7.5%

Mining Sector at 4.3% Vs 0.6%

Construction sector at 4.8% Vs 8%

Industry Growth at 1.9% Vs 7.00%

Service Sector Growth at 7.9% Vs 10.6%

INDIA’S APRIL TRADE DATA (YOY)

Export at $ 24.45 bn Vs $ 23.69 bn (+3.20%)

Import $ at 37.94 bn Vs 36.54b n (+3.83%)

Trade deficit at $ 13.48 bn Vs $12.85 bn (+4.90%)

May 2012 PURCHASING MANAGERS' INDEX (PMI) DATA

India Manufacturing PMI at 54.8 Vs 54.9 (MOM)

SECTORAL NEWS:-

MAY 2012 AUTO Sector Sales Numbers: - (YoY)

Maruti total sales at 98884 Vs 104073 Units (-5.00%)

Tata Motor total sales at 64,347 Vs 61,872 Units (+4%)

M&M total auto sales at 43988 Vs 34323 Units (+28.16%)

Hero Moto corp. total sales at 5.56 Lakh Units Vs 5.00 Lakh units (+11.20%)

TVS motor total sales at 1.76 lakh Vs 1.85 lakh Units (-4.86%)