International Reserves in India
India - International Reserves
Annual economic growth slowed in the second quarter of fiscal year 2018, which ran from July to September, compared to the first quarter. The slowdown was due to a weaker rise in private consumption and substantially faster growth in imports of goods and services. Private consumption appeared to be weighed on by cautious spending among rural households amid a weak crop harvest and low agricultural commodity prices. Imports, meanwhile, were likely stoked by higher oil prices. On a brighter note, there were stronger expansions in public consumption, fixed investment and exports in the second quarter. Turning to the third quarter, the outlook appears mixed: Although the private-sector PMI hit an over two-year high in November, consumer confidence slipped in the same month.India - International Reserves Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| International Reserves (USD) | 304 | 341 | 356 | 373 | 421 |
India International Reserves Chart
Source: Reserve Bank of India and FocusEconomics calculations.
India Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 7.43 | -0.04 % | Jan 14 |
| Exchange Rate | 70.76 | -0.09 % | Jan 14 |
| Stock Market | 35,854 | -0.08 % | Jan 14 |
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Economic News
India: Consumer price inflation slows in December to an over one-year low
January 14, 2019
In December, consumer prices rose fell 0.43% in December from the previous month, contrasting the 0.07% rise logged in November.
India: The private sector expansion slows in December but remains strong
January 4, 2019
The composite Purchasing Managers’ Index (PMI) produced by Nikkei and IHS Market fell to 53.6 in December from 54.5 in November.
India: Inflation slows dramatically in November
December 14, 2018
In November, consumer prices rose 0.07% in November from the previous month, contrasting the revised 0.36% rise in October (previously reported: +0.29% month-on-month).
India: The merchandise trade deficit continues to widen in November
December 14, 2018
Merchandise exports increased 0.8% in November compared to the same month a year earlier, down from the jump observed in October (+17.9% year-on-year) and less than market analysts’ expectations of 5.3%.
India: Industrial production growth accelerates in October
December 12, 2018
Annual industrial production increased 8.1% in October, up from 4.5% in September.
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