Economic Indicators - India

GDP Annual Growth Rate :

Last Update: 01-Jun-2019:

The Indian economy advanced 5.8 percent year-on-year in the first quarter of 2019, slowing from a 6.6 percent expansion in the previous period and missing market expectations of 6.3 percent. It was the weakest growth rate since the first quarter of 2014, amid weaker consumer demand and fixed investment. GDP Annual Growth Rate in India averaged 6.21 percent from 1951 until 2019, reaching an all time high of 11.40 percent in the first quarter of 2010 and a record low of -5.20 percent in the fourth quarter of 1979 Source: tradingeconomics.com


source: tradingeconomics.com

Inflation (CPI Annual Rate) :

Last Update: 13-Aug-2019:

India's retail price inflation rate stood at 3.15 percent year-on-year in July 2019, little-changed from the previous month's 3.18 percent and slightly below market expectations of 3.20 percent. Inflation remained below the Reserve Bank of India's medium-term target of 4 percent for the twelfth consecutive month, despite recent interest rate cuts. Inflation Rate in India averaged 6.05 percent from 2012 until 2019, reaching an all time high of 12.17 percent in November of 2013 and a record low of 1.54 percent in June of 2017. Source: tradingeconomics.com


source: tradingeconomics.com

Food Inflation :

Last Update: 14-Aug-2019:

Cost of food in India increased 2.36 percent in July of 2019 over the same month in the previous year. Food Inflation in India averaged 5.63 percent from 2012 until 2019, reaching an all time high of 14.72 percent in November of 2013 and a record low of -2.65 percent in December of 2018. Source: tradingeconomics.com


source: tradingeconomics.com

Inflation (WPI Annual Rate) :

Last Update: 14-Aug-2019:

Wholesale prices in India rose by 1.08 percent year-on-year in July 2019, slowing from a 2.02 percent gain in the previous month and missing market expectations of 1.93 percent. It was the lowest wholesale rate since June 2017, mainly due to a slowdown in manufacturing inflation and a decline in fuel prices. Producer Prices Change in India averaged 7.01 percent from 1969 until 2019, reaching an all time high of 34.68 percent in September of 1974 and a record low of -11.31 percent in May of 1976. Source: tradingeconomics.com


source: tradingeconomics.com

RBI Key Policy Rate :

Last Update: 7-Aug-2019:

The Reserve Bank of India lowered its benchmark repo rate by 35 bps to 5.40 percent during its August meeting, while markets had forecast a smaller 25bps cut. This was the fourth straight rate cut so far this year, in an attempt to boost economic growth while the inflation outlook remains benign. Also, the RBI lowered its growth forecast to 6.9 percent for 2019/20 from 7.0 percent previously estimated; and inflation was projected at 3.4-3.7 percent for the second half of fiscal 2019-20. Interest Rate in India averaged 6.64 percent from 2000 until 2019, reaching an all time high of 14.50 percent in August of 2000 and a record low of 4.25 percent in April of 2009. Source: tradingeconomics.com


source: tradingeconomics.com

10 Year G-Sec Bond Yield :

Last Update: 13-Aug-2019

India 10Y Bond Yield was 6.56 percent on Friday August 23, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the India Government Bond 10Y reached an all time high of 24.04 in October of 2017 and a record low of -0.93 in February of 2017. Source: tradingeconomics.com


source: tradingeconomics.com

Prime Lending Rate :

Last Update: Aug-2019

Bank Lending Rate in India remained unchanged at 9.40 percent in August from 9.40 percent in July of 2019. Bank Lending Rate in India averaged 13.52 percent from 1978 until 2019, reaching an all time high of 20 percent in October of 1991 and a record low of 8 percent in July of 2010. Source: tradingeconomics.com


source: tradingeconomics.com

Loan Growth :

Last Update: Aug-2019

The value of loans in India increased 12.2 percent year-on-year in the fortnight ended August 2nd 2019. Loan Growth in India averaged 11.91 percent from 2012 until 2019, reaching an all time high of 18.70 percent in April of 2012 and a record low of 4.10 percent in March of 2017. Source: tradingeconomics.com


source: tradingeconomics.com

Business Confidence :

Last Update: Aug-2019

The Business Expectations Index (BEI) in India fell to 112.8 in the second quarter of 2019-20 fiscal year from 113.5 in the previous three-month period. Business Confidence in India averaged 117.74 Index Points from 2000 until 2019, reaching an all time high of 127.50 Index Points in the second quarter of 2007 and a record low of 96.40 Index Points in the second quarter of 2009. Source: tradingeconomics.com


source: tradingeconomics.com

Car Production :

Last Update: Aug-2019

Car Production in India increased to 217682 Units in July from 182596 Units in June of 2019. Car Production in India averaged 116561.32 Units from 1991 until 2019, reaching an all time high of 292861 Units in March of 2012 and a record low of 7277 Units in April of 1992. Source: tradingeconomics.com


source: tradingeconomics.com

Manufacturing PMI :

Last Update: Aug-2019

The IHS Markit India Manufacturing PMI rose to 52.5 in July 2019 from 52.1 in the previous month, as both output and new orders expanded a bit faster despite a slowdown in export sales amid subdued global trade flows. In addition, employment growth accelerated, while outstanding business increased for the first time in three months. On the price front, the manufacturing sector continued to register a general lack of inflationary pressures. Both input costs and output charges went up at marginal rates that were broadly negligible in the context of historical survey data. Looking ahead, sentiment reached a four-month high, boosted by advertising efforts and hopes of a pick-up in demand. Manufacturing PMI in India is reported by Markit Economics. Source: tradingeconomics.com


source: tradingeconomics.com

Services PMI :

Last Update: Aug-2019

The IHS Markit India Services PMI jumped to 53.8 in July 2019, easily beating market consensus of 50.4 and pointing to the quickest increase in output in one year, amid a promising government budget and strengthening demand. New business inflows rose the most since October 2016, with new export work increasing the most since at least September 2014, and employment growth was the strongest in nearly eight-and-a-half years. Meanwhile, unfinished business across the Indian service sector increased the least in 2019 so far. On the price front, input cost inflation rose to a five-month high, due to fuel and raw material prices. Still, the overall rate of inflation remained modest and below the historical average. Meantime, the overall rate of charge inflation was marginal and the joint-slowest in five months. Lastly, confidence strengthened from June's four-month low, as concerns about uncertain public policies have diminished. Services PMI in India is reported by Markit Economics. Source: tradingeconomics.com


source: tradingeconomics.com

India Mining Production :

Last Update: Aug-2019

Mining production in India increased 1.60 percent in June of 2019 over the same month in the previous year. Mining Production in India averaged 2.46 percent from 2006 until 2019, reaching an all time high of 13 percent in June of 2009 and a record low of -17.50 percent in September of 2012. Source: tradingeconomics.com


source: tradingeconomics.com

Steel Production :

Last Update: Aug-2019

Steel Production in India increased to 9336 Thousand Tonnes in June from 9196 Thousand Tonnes in May of 2019. Steel Production in India averaged 3317.27 Thousand Tonnes from 1980 until 2019, reaching an all time high of 9412 Thousand Tonnes in March of 2019 and a record low of 713 Thousand Tonnes in September of 1980. Source: tradingeconomics.com


source: tradingeconomics.com

Consumer Confidence :

Last Update: Aug-2019

Consumer Confidence in India decreased to 95.70 Index Points in the third quarter of 2019 from 97.30 Index Points in the second quarter of 2019. Consumer Confidence in India averaged 103.10 Index Points from 2010 until 2019, reaching an all time high of 116.70 Index Points in the fourth quarter of 2010 and a record low of 88 Index Points in the third quarter of 2013. Source: tradingeconomics.com


source: tradingeconomics.com

Current Account :

Last Update: Aug-2019

India's current account deficit narrowed sharply to USD 4.6 billion, or 0.7 percent of GDP, in January-March 2018-19 from USD 13.0 billion, or 1.8 percent of GDP, in the same period a year earlier. The goods deficit decreased to USD 35.2 billion from USD 41.6 billion a year ago and the primary income gap shrank to USD 6.9 billion from USD 7.8 billion. Meanwhile, the services surplus widened to USD 21.3 billion from USD 20.2 billion in the previous year while the secondary income surplus was unchanged at USD 16.2 billion. Considering 2018-19 fiscal year, the current account gap increased to USD 57.2 billion, or 2.1 percent of GDP, from USD 48.7 billion, or 1.8 percent of GDP, in 2017-18 on the back of widening of the trade deficit. Current Account in India averaged -2119.55 USD Million from 1949 until 2019, reaching an all time high of 7360 USD Million in the first quarter of 2004 and a record low of -31857.18 USD Million in the fourth quarter of 2012. Source: tradingeconomics.com


source: tradingeconomics.com

Current Account to GDP :

Last Update: Aug-2019

India recorded a Current Account deficit of 2.30 percent of the country's Gross Domestic Product in the 2018-19 fiscal year. Current Account to GDP in India averaged -1.18 percent from 1970 until 2018, reaching an all time high of 2.30 percent in 2003 and a record low of -4.80 percent in 2012. Source: tradingeconomics.com


source: tradingeconomics.com

Export :

Last Update: Aug-2019

Exports from India rose 2.25 percent from a year earlier to USD 26.33 billion in July 2019, led by increases in sales of electronic goods (51.39 percent), drugs & pharmaceuticals (21.74 percent), organic & inorganic chemicals (13.45 percent), RMG of all textiles (7.06 percent), and marine products (3.30 percent). Exports in India averaged 5634.07 USD Million from 1957 until 2019, reaching an all time high of 32550 USD Million in March of 2019 and a record low of 59.01 USD Million in June of 1958. Source: tradingeconomics.com


source: tradingeconomics.com

Exports By Category :

Exports By Country :

Total External Debt :

Last Update: Aug-2019

External Debt in India increased to 543001 USD Million in the first quarter of 2019 from 521344 USD Million in the fourth quarter of 2018. External Debt in India averaged 276898.08 USD Million from 1999 until 2019, reaching an all time high of 543001 USD Million in the first quarter of 2019 and a record low of 96392 USD Million in the third quarter of 2000. Source: tradingeconomics.com


source: tradingeconomics.com

Short-term debt (% of total reserves) :

Last Update: Aug-2019

Short-term debt (% of total reserves) in India was reported at 23.17 % in 2016, according to the World Bank collection of development indicators, compiled from officially recognized sources. Source: tradingeconomics.com


source: tradingeconomics.com

Foreign Exchange Reserves :

Last Update: Aug-2019

Foreign Exchange Reserves in India decreased to 430500 USD Million in August 16 from 430570 USD Million in the previous week. Foreign Exchange Reserves in India averaged 225049.01 USD Million from 1998 until 2019, reaching an all time high of 430570 USD Million in August of 2019 and a record low of 29048 USD Million in September of 1998. Source: tradingeconomics.com


source: tradingeconomics.com

Foreign Direct Investment :

Last Update: Aug-2019

Foreign Direct Investment in India increased by 7001 USD Million in June of 2019. Foreign Direct Investment in India averaged 1375.81 USD Million from 1995 until 2019, reaching an all time high of 8569 USD Million in August of 2017 and a record low of -1336 USD Million in November of 2017. Source: tradingeconomics.com


source: tradingeconomics.com

Imports :

Last Update: Aug-2019

Imports to India were down 10.43 percent from a year earlier to USD 39.76 billion in July 2019, as purchases fell for pearls, precious & semi-precious stones (-31.02 percent), petroleum, crude & products (-22.15 percent), organic & inorganic chemicals (-7.01 percent), electronic goods (-1.70 percent), and coal, coke & briquettes (-0.54 percent). Imports in India averaged 8265.02 USD Million from 1957 until 2019, reaching an all time high of 45350 USD Million in May of 2019 and a record low of 117.40 USD Million in August of 1958. Source: tradingeconomics.com


source: tradingeconomics.com

Imports By Category :

Imports By Country :