India Manufacturing Production y/y

Country:
India
INR, Indian rupee
Sector:
Business
Medium 3.9% 5.2%
1.2%
Last release Importance Actual Forecast
Previous
4.2%
3.9%
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
Dec 2023
3.9%
5.2%
1.2%
Nov 2023
1.2%
0.4%
10.4%
Oct 2023
10.4%
0.5%
4.5%
Sep 2023
4.5%
0.7%
9.3%
Aug 2023
9.3%
1.1%
4.6%
Jul 2023
4.6%
1.4%
3.1%
Jun 2023
3.1%
1.7%
5.7%
May 2023
5.7%
1.8%
4.9%
Apr 2023
4.9%
1.6%
0.5%
Mar 2023
0.5%
1.1%
5.3%
Feb 2023
5.3%
0.2%
3.7%
Jan 2023
3.7%
-1.1%
2.6%
Dec 2022
2.6%
-2.9%
6.1%
Nov 2022
6.1%
-5.0%
-5.6%
Oct 2022
-5.6%
-6.3%
1.8%
Sep 2022
1.8%
-8.0%
-0.7%
Aug 2022
-0.7%
-9.7%
3.2%
Jul 2022
3.2%
-10.4%
12.5%
Jun 2022
12.5%
-4.8%
20.6%
May 2022
20.6%
2.4%
6.3%
Apr 2022
6.3%
5.4%
0.9%
Mar 2022
0.9%
8.2%
0.8%
Feb 2022
0.8%
11.4%
1.1%
Jan 2022
1.1%
15.1%
-0.1%
Dec 2021
-0.1%
-116.9%
0.9%
Nov 2021
0.9%
27.5%
2.0%
Oct 2021
2.0%
-111.7%
2.7%
Sep 2021
2.7%
-86.8%
9.7%
Aug 2021
9.7%
105.6%
10.5%
Jul 2021
10.5%
-8.4%
13.0%
Jun 2021
13.0%
54.5%
34.5%
May 2021
34.5%
217.1%
197.1%
Apr 2021
197.1%
6.1%
28.3%
Mar 2021
25.8%
-6.0%
-3.7%
Feb 2021
-3.7%
-6.5%
-2.0%
Jan 2021
-2.0%
-7.6%
1.6%
Dec 2020
1.6%
-9.0%
-1.7%
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%

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.

Use official plugin for WordPress websites

Use official plugin for WordPress websites

Download
Widget type
Language
Color theme
Date format
Size
×
Display information
Default calendar period
Your embed code