Production: Mining: Total for India
Annual, Seasonally Adjusted
PRMITO01INA661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122.78
Year-over-Year Change
19.72%
Date Range
1/1/1995 - 1/1/2022
Summary
The 'Annual, Seasonally Adjusted' trend measures the total value of manufacturing production in India. It is a key indicator of 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
This series tracks the annual total output of the Indian manufacturing sector, adjusted for seasonal variations. It is a widely followed metric that provides insight into the health and performance of India's industrial base.
Methodology
The data is collected through surveys of manufacturing facilities and then seasonally adjusted by statistical agencies.
Historical Context
Policymakers and analysts use this trend to assess the state of India's economy and inform decisions around monetary and fiscal policy.
Key Facts
- India is the world's sixth-largest manufacturing economy.
- Manufacturing accounts for nearly 18% of India's GDP.
- The sector employs over 50 million people in the country.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total annual value of manufacturing production in India, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: It provides important insights into the health and performance of India's industrial base, a key driver of the country's economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities and then seasonally adjusted by statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the state of India's economy and inform decisions around monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of several months, and may be subject to revisions based on updated information.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (PRMITO01INA661S), retrieved from FRED.