India’s GDP will register a growth of 8% or higher (on an annual basis) for the period July-September 2005.
This prediction will be assessed based on figures provided by the Indian government and appearing in the Financial Express on or before 31 Dec 2005. The prediction arbitration date may be extended until the date when the Indian government officially announces the figures.
Background: “To the surprise of most analysts, India’s economy grew at 8.1% in the first quarter despite lagging reforms and high oil prices. GDP growth is being powered yet again by the manufacturing sector, which grew at 11.3%, and by higher than expected growth in the services sector, which accounts for over 50% of the economy.” (The Indian Economy blog)
IPO Information
150 shares of this prediction [IN-GDP-805) are available for purchase priced at 50 moolers each following Dutch rules.
0 Response to “Indian Economy: Will grow over 8% in Q2/FY05”