Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for India
INDPROINDQISMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.36
Year-over-Year Change
6.50%
Date Range
4/1/1994 - 10/1/2022
Summary
This economic trend measures the production volume of industries in India, excluding the construction sector. It serves as an important indicator of overall industrial activity and economic growth in the country.
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: Industry (Except Construction) for India metric provides insights into the health and performance of the Indian industrial sector. It is a valuable data point for economists, policymakers, and market analysts to assess the broader economic conditions and trends in India.
Methodology
The data is collected and calculated by government statistical agencies in India.
Historical Context
This trend is widely used to inform economic policy decisions and investment strategies.
Key Facts
- India is the world's fifth-largest economy.
- The industrial sector accounts for over a quarter of India's GDP.
- Manufacturing is a key driver of India's economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the production volume of industries in India, excluding the construction sector. It provides an indicator of overall industrial activity and economic growth in the country.
Q: Why is this trend relevant for users or analysts?
A: This trend is a valuable data point for economists, policymakers, and market analysts to assess the health and performance of the Indian industrial sector and the broader economic conditions in the country.
Q: How is this data collected or calculated?
A: The data is collected and calculated by government statistical agencies in India.
Q: How is this trend used in economic policy?
A: This trend is widely used to inform economic policy decisions and investment strategies in India and globally.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the responsible government agencies.
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Citation
U.S. Federal Reserve, Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for India (INDPROINDQISMEI), retrieved from FRED.