Leading Indicators OECD: Component Series: Monetary Aggregates: Normalised for India
INDLOCOMANOSTSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.04
Year-over-Year Change
-2.27%
Date Range
1/1/1960 - 10/1/2023
Summary
The OECD Leading Indicators: Monetary Aggregates for India measures the normalized trends in the country's money supply, which are a key indicator of economic activity and inflation.
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 OECD composite index tracks changes in India's monetary aggregates, providing insights into the broader economic climate. It is a leading indicator used by policymakers and analysts to anticipate future economic conditions.
Methodology
The data is collected and calculated by the OECD based on official government sources.
Historical Context
Monetary aggregate trends are closely monitored by the Reserve Bank of India and other institutions to inform policy decisions.
Key Facts
- The index is normalized to a base year of 2015.
- Monetary aggregates include cash, checking deposits, and other liquid assets.
- The OECD publishes this series monthly.
FAQs
Q: What does this economic trend measure?
A: This OECD composite index tracks changes in India's monetary aggregates, which include cash, checking deposits, and other highly liquid assets.
Q: Why is this trend relevant for users or analysts?
A: Monetary aggregate trends are a leading indicator of economic activity and inflation, making this index valuable for policymakers and analysts assessing the broader economic climate in India.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the OECD based on official government sources.
Q: How is this trend used in economic policy?
A: The Reserve Bank of India and other institutions closely monitor this indicator to inform monetary policy and other economic decisions.
Q: Are there update delays or limitations?
A: The OECD publishes this series monthly, with no known significant delays or limitations.
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Citation
U.S. Federal Reserve, OECD Leading Indicators: Component Series: Monetary Aggregates: Normalised for India (INDLOCOMANOSTSAM), retrieved from FRED.