National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for India
INDCINSQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,099,982,004,800.00
Year-over-Year Change
176.93%
Date Range
4/1/2004 - 7/1/2023
Summary
The 'National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for India' measures changes in inventory and valuables accumulation as part of India's gross domestic product calculation.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series captures fluctuations in the value of changes in business inventories and acquisitions of valuables, which are key components of India's overall economic output and demand. It provides insights into production and investment trends within the Indian economy.
Methodology
The data is collected and calculated by India's Central Statistical Organization as part of the national accounts system.
Historical Context
Economists and policymakers use this metric to assess production, investment, and inventory dynamics that contribute to India's economic growth.
Key Facts
- Changes in inventories are a volatile component of GDP.
- Inventory accumulation can signal future production plans.
- Net acquisition of valuables is a small but important GDP category.
FAQs
Q: What does this economic trend measure?
A: This metric tracks changes in the value of business inventories and acquisitions of valuables, which are factors contributing to India's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: Fluctuations in inventory and valuables accumulation provide insights into production, investment, and demand dynamics within the Indian economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by India's Central Statistical Organization as part of the national accounts system.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze changes in inventories and valuables to assess production, investment, and overall economic growth in India.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and revisions to historical figures as part of India's national accounts process.
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Citation
U.S. Federal Reserve, National Accounts: GDP by Expenditure: Current Prices: Changes in Inventories and Net Acquisition of Valuables for India (INDCINSQDSMEI), retrieved from FRED.