India Manufacturing Production y/y

Country:
India
INR, Indian rupee
Sector:
Business
Medium -1.7% -11.1%
3.5%
Last release Importance Actual Forecast
Previous
-9.0%
-1.7%
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Manufacturing Production y/y shows the change in the value of goods produced in the manufacturing sector of the Indian industry in the given month compared to the same month a year ago. Manufacturing production volumes are calculated using the GVA (Gross Value Added) at basic current prices.

Manufacturing is one of the target areas of the Indian economy. The government launched the "Make In India" initiative to increase output and the share of manufacturing in the national GDP. Main production activities in manufacturing include automobile production, pharmaceuticals and chemical production, food production, electronics, textile production, etc. The index is calculated over the seasonally adjusted data series.

The calculation takes into account the inflation by applying a deflator based on the Producer Price Index. This index is used because it measures the actual prices of manufactured goods at the output level. This allows measuring the net turnover of manufacturers excluding retail margins.

It is one of the short-term indicators of the national economy development. It is used in the calculation of India's GDP. Manufacturing production growth serves as a leading indicator of consumer activity and retail sales growth. In addition, this industry is a source of employment. Therefore, the index growth may have a positive effect on the Indian rupee quotes.

Last values:

actual data

forecast

The chart of the entire available history of the "India Manufacturing Production y/y" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Nov 2020
-1.7%
-11.1%
3.5%
Oct 2020
3.5%
15.1%
-0.6%
Sep 2020
-0.6%
6.8%
-8.6%
Aug 2020
-8.6%
-26.5%
-11.1%
Jul 2020
-11.1%
-23.5%
-17.1%
Jun 2020
-17.1%
-45.6%
-39.3%
May 2020
-39.3%
-17.7%
-67.1%
Mar 2020
-20.6%
2.3%
3.2%
Feb 2020
3.2%
0.1%
1.5%
Jan 2020
1.5%
0.0%
-1.2%
Dec 2019
-1.2%
-0.4%
2.7%
Nov 2019
2.7%
-2.3%
Oct 2019
-2.1%
-4.0%
Sep 2019
-3.9%
-1.5%
Aug 2019
-1.2%
4.5%
Jul 2019
4.2%
0.2%
Jun 2019
1.2%
4.5%
May 2019
2.5%
4.0%
Apr 2019
2.8%
0.1%
Mar 2019
-0.4%
-0.4%
Feb 2019
-0.3%
1.0%
Jan 2019
1.3%
2.9%
Dec 2018
2.7%
-0.6%
Nov 2018
-0.4%
8.2%
Oct 2018
7.9%
4.6%
Sep 2018
4.6%
5.1%
Aug 2018
4.6%
7.0%
Jul 2018
7.0%
6.7%
Jun 2018
6.9%
3.7%
May 2018
2.8%
5.3%
Apr 2018
5.2%
4.7%
Mar 2018
4.4%
8.5%
Feb 2018
8.7%
8.6%
Jan 2018
8.7%
8.5%
Dec 2017
8.4%
10.7%
Nov 2017
10.2%
2.2%
Oct 2017
2.5%
3.8%
Sep 2017
3.4%
3.4%
Aug 2017
3.1%
0.1%
Jul 2017
0.1%
-0.4%
Jun 2017
-0.4%
1.2%
May 2017
1.2%
2.3%
Apr 2017
2.6%
1.2%
Mar 2017
1.2%
-2.0%
Feb 2017
-2.0%
2.3%
Jan 2017
2.3%
-2.0%
Dec 2016
-2.0%
5.5%
Nov 2016
5.5%
-2.4%
Oct 2016
-2.4%
0.9%
Sep 2016
0.9%
-0.3%

Economic calendar widget for your website

Create your own calendar of economic events. To do this, simply specify its size and display period. You can freely use this widget on your websites. In return, we ask you to keep the provided code unchanged.

The Calendar data are provided as is. The economic news release frequency and schedule, as well as the economic parameters' values may change without our knowledge. You can use the provided information, but you accept all the risks associated with making trade decisions based on the Calendar data.

Display area

Widget type

Display information

Default calendar period

Widget language

Date format

Your embed code

Copy widget codeCopied

Preview