BEWARE OF FAKE INSTITUTES WITH SIMILAR NAMES. blank    blank
banner

India's Vital Economic Data: Insights & Trends.



  Sep 21, 2023

High-frequency indicators in India



High-frequency indicators in India serve as vital data points for tracking economic and social performance.

Here are some common ones:
PMI (Purchasing Managers’ Index): Gauges business activity, production, and new orders in manufacturing and services sectors.
 
IIP (Index of Industrial Production): Provides monthly data on industrial output, including manufacturing, mining, and electricity generation.
 
CPI (Consumer Price Index): Monthly inflation data reflecting changes in consumer goods and services prices.
 
WPI (Wholesale Price Index): Monthly data on wholesale price inflation, important for producers and manufacturers.
 
Export and Import Data: Regular updates on trade volumes and balances, indicating international trade health.
 
Bank Credit and Deposit Growth: Reflects lending and deposit trends in the banking sector, revealing credit demand and savings patterns.
 
GST Collections: Monthly collections from Goods and Services Tax (GST), signaling consumption and economic activity.
 
Auto Sales: Monthly vehicle sales data, reflecting consumer sentiment and economic activity.
 
Railway Freight Traffic: Indicates the movement of goods across the country, reflecting industrial activity.
 
Electricity Consumption: Reflects changes in industrial and commercial activities.
 
Unemployment Rate: Provides insights into labor market conditions, although not as frequent.
 
These indicators are crucial for policymakers, economists, and businesses to assess the economy, predict growth, and formulate effective policies.
They enable informed decision-making and help address economic challenges.


Share:
 

Get a call back

Fill the below form to get free counselling for UPSC Civil Services exam preparation

 
UPSC DAILY CURRENT AFFAIRS

 
New Sea Slug Species Named After President Murmu
 
​India’s New Solar Initiative PM-Surya Ghar Yojana
 
New Sea Slug Species Named After President Murmu
 
India's Space Odyssey: Gaganyaan, Space Station, Moon
 
India's Space Leap: Gaganyaan, Station, Moon
 
The Transformative Impact of Regenerative Agriculture on Soil Health
 
Early Blossoming of Buransh in Uttarakhand
 
Exclusion of Scheduled Tribes from Uttarakhand’s Uniform Civil Code
 
Impact of Prosopis Juliflora on Sloth Bear Habitat Utilization in Gujarat
 
Kasturba Gandhi and the 1913 Satyagraha Movement
 
Shahpur Kandi Barrage and Water Allocation
 
Explainer:Selection of Astronauts for Gaganyaan Mission
 
Understanding the Household Consumption Expenditure Survey 2024
 
Obelisks: New Discoveries in Human Microbiomes
 
Discovering Obelisks: A New Form of Life