Friday, January 31, 2020

Power demand not a reliable indicator of economic health: Eco Survey

“For example, growth in electricity consumption was negatively correlated with real GDP growth in 1980-84, positively so in 1985-89, negatively so in 1990-99, positively so in 2000-04 and negatively so in 2005-09, flipping signs four times before 2011, the year of methodology revision,” the survey said.

from Energy-Industry-Economic Times https://ift.tt/31d7m8o

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