Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India
INDPRMNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.46
Year-over-Year Change
5.15%
Date Range
4/1/1994 - 3/1/2024
Summary
This economic trend measures manufacturing production volume in India, providing insights into the health and activity of the Indian manufacturing sector.
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
The Production Volume: Economic Activity: Manufacturing for India index tracks changes in the volume of manufacturing production in the country. It is a key indicator used by economists and policymakers to assess the state of the Indian economy and guide economic policy decisions.
Methodology
The data is collected through surveys of manufacturing firms in India.
Historical Context
Monitoring this production trend helps inform decisions around fiscal, monetary, and industrial policies.
Key Facts
- India is the 6th largest manufacturing economy in the world.
- Manufacturing accounts for about 16% of India's GDP.
- The index is published monthly by the U.S. Federal Reserve.
FAQs
Q: What does this economic trend measure?
A: This trend measures the volume of manufacturing production in India, providing insights into the overall health and activity level of the Indian manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator used by economists, policymakers, and analysts to assess the state of the Indian economy and inform economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing firms in India.
Q: How is this trend used in economic policy?
A: Monitoring this production trend helps inform decisions around fiscal, monetary, and industrial policies in India.
Q: Are there update delays or limitations?
A: The index is published monthly by the U.S. Federal Reserve, with a typical delay of a few weeks.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for India (INDPRMNTO01IXOBM), retrieved from FRED.