Announcement

Monday, July 11, 2011

Macroeconomic indicators - June car sales in India slowest in more than 2 years

Car sales in India rose 1.6% in June, their slowest pace of growth in more than two years, as rising interest rates, fuel prices and vehicle costs shrunk demand in the world's second fastest growing auto market.

Indian auto sales, which grew at a breakneck pace of 30% in fiscal year 2011,
 

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