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India's volatile POL consumption trend-I: No one can figure out what is going on
Nov 30: India's volatile petroleum products consumption over the last one year has left everyone confused.
8Is it a result of demonetization or GST or is it part of a broader trend that analysts still have to figure out?
8After a 9% jump in consumption in September, the figure is down to 0.9% in October.
8Ever since September last year, the consumption curve has seen some severe fluctuations, reflecting perhaps the turmoil on the ground.
8In the midst of all this confusing industry, two product categories, petrol and diesel, continued to show good growth. So did LPG and ATF.
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