Business cycle may be close to bottom: BluFin India
BluFin, India's business cycle indicator, has shown an improvement for the second consecutive month suggesting that the business cycle may be close to a bottom. "Basic and intermediate goods indicators in particular have started to show some improvement but consumer goods segments remain weak," said Debopam Chaudhuri, VP - Research ,BluFin India. BluFin Business Cycle Indicator is seen as a leading indicator for economic activity.
