tag:blogger.com,1999:blog-19649274.post8895965616385923122..comments2024-03-29T12:03:50.891+05:30Comments on The Leap Blog: Did we get a good IIP number today? No.Ajay Shahhttp://www.blogger.com/profile/03835842741008200034noreply@blogger.comBlogger8125tag:blogger.com,1999:blog-19649274.post-35148137117302564232010-05-07T17:32:50.613+05:302010-05-07T17:32:50.613+05:30takethetimes@gmail.comtakethetimes@gmail.cominvestment solutionshttp://www.uniconindia.in/noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-20387364270527716602009-10-15T13:30:12.371+05:302009-10-15T13:30:12.371+05:30Rishi,
I think the table you are looking for is i...Rishi,<br /><br />I think the table you are looking for is in the PDF file which is on the <a href="http://www.mayin.org/cycle.in" rel="nofollow">cycle.in website</a>. Can you look at that?Ajay Shahhttps://www.blogger.com/profile/03835842741008200034noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-54915225367843949262009-10-15T13:10:18.630+05:302009-10-15T13:10:18.630+05:30I think that the seasonally adjusted numbers are a...I think that the seasonally adjusted numbers are a great thing and it's very good that you are doing it.<br /><br />As a suggestion, could you put tables indicating the actual numbers and seasonal growth rates alongside the graphs. Maybe 3 columns, month, y-o-y growth, seasonal growth.Rishinoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-8819602918629894822009-10-13T23:24:28.273+05:302009-10-13T23:24:28.273+05:30It is the responsibility of the government to prod...It is the responsibility of the government to produce the public good of the statistical system. And there are big concerns about the mechanisms used for making IIP.<br /><br />In this case, the choice between year on year (YOY) vs. point on point seasonally adjusted (POPSA) is not one of accurate vs. feel good. It's one of faster versus slower. You always want a faster picture - of what happened last month. YOY always delivers the average of the changes of the last 12 months. Sometimes the YOY can be more pleasant to contemplate, and sometimes the POPSA can be more pleasant to contemplate.<br /><br />I think the biggest problem lies in the user community. Once the government has released information, it is <a href="http://www.mayin.org/cycle.in" rel="nofollow">possible to do seasonal adjustment externally</a>. The key is that users should be careful in not accepting YOY growth as a reasonable way to think about this.Ajay Shahhttps://www.blogger.com/profile/03835842741008200034noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-68500484578923230412009-10-13T20:33:36.459+05:302009-10-13T20:33:36.459+05:30Is it not the responsibility of the govt. to give ...Is it not the responsibility of the govt. to give accurate data rather than feel good data?Nnj unpluggednoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-19168947689159214212009-10-13T10:45:10.830+05:302009-10-13T10:45:10.830+05:3080% annualised is still huge growth. Are there any...80% annualised is still huge growth. Are there any reasons for such growth rates? Or are we to question the IIP itself.Rishinoreply@blogger.comtag:blogger.com,1999:blog-19649274.post-16770556786430112642009-10-13T05:26:58.449+05:302009-10-13T05:26:58.449+05:30Note that it's 80% annualised.Note that it's 80% annualised.Ajay Shahhttps://www.blogger.com/profile/03835842741008200034noreply@blogger.comtag:blogger.com,1999:blog-19649274.post-61974314039584392202009-10-13T02:06:33.567+05:302009-10-13T02:06:33.567+05:30Any theories as to why is there an 80% growth rate...Any theories as to why is there an 80% growth rate in June?Rishinoreply@blogger.com