Population in India
India - PopulationThe economy recovered above its pre-pandemic level in FY 2021, which ended in March this year. Turning to the first quarter of FY 2022, GDP growth is likely to speed up considerably. Growth in the industrial sector accelerated in April, suggesting it weathered the disruption to power supply caused by record-breaking temperatures well. Moreover, looser Covid-19 restrictions are boosting domestic demand, helping to push the services PMI to an over 11-year high in May. Demand will also be supported by new measures to combat rising inflation, including cuts to fuel duty, a doubling of the fertilizer subsidy, an export ban on wheat and cuts to import tariffs for some raw materials. That said, inflation remained at a near-decade high in May, which together with higher interest rates will be capping momentum.
India - Population Data
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||6.50||-0.04 %||Jan 01|
|Exchange Rate||71.23||-0.09 %||Jan 01|
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November 15, 2022
Merchandise exports shrank 16.6% annually in October, contrasting September’s 4.8% increase.
November 14, 2022
Inflation came in at 6.8% in October, down from September’s 7.4%.
November 11, 2022
Industrial output increased 3.1% compared to the same month a year earlier in September, which contrasted August's 0.7% decrease.
November 3, 2022
The S&P Global Composite Purchasing Managers' Index (PMI) came in at 55.5 in October, up from September's 55.1.
October 14, 2022
Merchandise exports increased 4.8% on an annual basis in September, following August’s 1.6% increase.