Business cycle indicator

A powerful tool to track the Indian business cycle

A negative month-on-month growth rate and a subdued year-on-year growth rate in BluFin’s latest Business Confidence Index (BCI) suggests that the Indian economy continues its slowdown. The BCI score fell marginally by -0.5% in July 2012 to 156.8, compared to 157.6 in June 2012. The BCI year-on-year (YoY) growth rate improved from +1.8% in June 2012 to +1.9% in July 2012