India Industrial Production

Industrial Production in India decreased 1.90 percent in February of 2014 over the same month in the previous year. Industrial Production in India is reported by the Ministry of Statistics and Programme Implementation (MOSPI). Industrial Production in India averaged 6.76 Percent from 1994 until 2014, reaching an all time high of 20 Percent in November of 2006 and a record low of -7.20 Percent in February of 2009. In India, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities. This page provides - India Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-20

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-1.90 0.80 20.00 -7.20 1.63 | 2014/06 1994 - 2014 Percent Monthly


India Industrial Production

CALENDAR GMT Country Event Reference Actual Previous Consensus Forecast
2014-01-10 12:00 PM India
Industrial Production YoY
Nov 2013 -2.1% -1.8% 1.0% -0.04%
2014-02-12 12:00 PM India
Industrial Production YoY
Dec 2013 -0.6% -1.4% (R) -1.0% -1.55%
2014-03-12 12:00 PM India
Industrial Production YoY
Jan 2014 0.1% -0.16% (R) -0.6% -1.7%
2014-04-11 01:00 PM India
Industrial Production YoY
Feb 2014 -1.9% 0.8% (R) 1.2% -1.62%
2014-05-12 01:00 PM India
Industrial Production YoY
Mar 2014 -1.9% 0.13%
2014-06-12 01:00 PM India
Industrial Production YoY
Apr 2014 -0.13%

Business Last Previous Highest Lowest Forecast Unit
Car Registrations 216491.00 2014-02-15 209826.00 301817.00 6508.00 189306.22 2014-06-30 Cars [+]
Changes in Inventories 266.92 2013-11-15 560.74 597.31 184.29 348.04 2014-06-30 INR Billion [+]
Manufacturing Pmi 51.30 2014-03-15 52.50 55.00 48.50 49.49 2014-06-30 [+]
Manufacturing Production -3.70 2014-02-15 0.00 24.30 -9.10 -2.33 2014-06-30 Percent [+]
Services Pmi 47.50 2014-03-31 48.80 57.50 44.60 51.47 2014-06-30 Index Points [+]
Industrial Production -1.90 2014-02-28 0.80 20.00 -7.20 1.63 2014-06-30 Percent [+]
Business Confidence 54.90 2013-12-31 45.70 71.80 45.70 52.32 2014-06-30 [+]

Industrial Production | Notes
The data given on this page shows a year over year change in a seasonally adjusted Industrial Production Index. Industrial Production Index is an economic indicator that measures changes in output for the manufacturing, mining, and utilities. Although these sectors contribute only a small portion of GDP, they are highly sensitive to interest rates and consumer demand. This makes Industrial Production an important tool for forecasting future GDP and economic performance. Industrial Production figures are also used by central banks to measure inflation, as high levels of industrial production can lead to uncontrolled levels of consumption and rapid inflation.


India Consumer Inflation Edges Up in March  
Indian annual consumer prices accelerated in March for the first time in four months to 8.31 percent, up from a revised 8.03 percent in February, driven by higher food prices.
India Wholesale Inflation Up to 3-Month High  
In March of 2014, India wholesale prices accelerated to an annual 5.7 percent on higher food, fuel and manufacturing cost, breaking a three-month easing trend.
India Leaves Rates on Hold  
In its April 1st, 2014 meeting, Reserve Bank of India decided to leave the policy repo rate unchanged at 8 percent and decided to officially start using consumer price inflation to determine its monetary policy.
India Wholesale Inflation Slows for 3rd Straight Month  
In February of 2014, Indian annual wholesale price index decelerated to 4.68 percent, reaching the lowest rate in nine months, as food and fuel prices moderated. A year ago, the inflation was recorded at 7.28 percent.
India Consumer Inflation Edges Down in February  
Indian annual inflation rate slowed to a 25-month low of 8.1 percent in February of 2014. Provisional figures showed prices of vegetables eased the most on the year.
Indian GDP Grows Below Expectations  
In the fourth quarter of 2013, Indian economic growth slowed to 4.7 percent over a year earlier, down from a 4.8 percent expansion in the previous period, hurt by a contraction in manufacturing and mining output.
India Wholesale Inflation Slows to 8-Month Low  
In January of 2014, Indian annual WPI eased for the second straight month to 5.05 percent, the lowest rate since May of 2013, as food prices slowed and mineral cost fell.
India Consumer Inflation Slows to 24-Month Low  
In January of 2014, Indian consumer price inflation decelerated to 8.79 percent, the lowest annual rate since January of 2012, due to lower food prices.
Reserve Bank of India Raises Rates  
In its January 2014 meeting, Reserve Bank of India decided to raise the policy repo rate by 25 bps to 8 percent to handle currency pressure and curb persistently high inflation.
Indian WPI Slows to 5-Month Low in December  
In December of 2013, Indian headline inflation rate slowed to 6.16 percent, the lowest rate in five months as vegetable prices, mainly onions, slowed due to a new harvest. On a monthly basis, prices fell 1.27 percent.


Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
The annual consumer prices in Angola decelerated for the second consecutive month to 7.32 percent in March of 2014, from 7.48 percent recorded in February of 2014.

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