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Kamis, 05 Mei 2011

INDO UPDATE - 1Q11 GDP NUMBERS OUT: 6.5%YoY, 1.5%Qoq

- The Indo Govt just released the 1Q11 GDP numbers.
- They came in largely in line with expectations, maybe a tad below consensus.
- 6.5%YoY and 1.5%QoQ (vs consensus 6.58%YoY and 1.67%QoQ respectively).
- According to the CLSA inhouse economist anything above 6% is a good one.

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