India’s Buying Propensity Index Falls Precipitously in December
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Demonetization effect: Exuberance in November, Dismay in December India, January, 2017: India’s Buying Propensity IndexTM (BPI) in December 2016 stood at 0.26, (measured on a scale between +1 to -1), down 0.42 BPI points from November (0.68). The period of November and December has been characterized by just a single event — the demonetization of …