The Indian Economic 
Scan-shot 

January

2023

(with data from Dec '22)


Our friends in North India tell us that it's been a winter to remember! The temperature in the Rajdhani dropped to 1.4 degrees Celsius and the woollen apparel industry, reeling from the onslaught of warm winters past, rebounded!

They're not the only people who did well... The government continued to mop up massive GST (1.49 lakh crores). the net equity inflow saw an upswing in its roller coaster ride (73k cr), and Forex reserves were up by $12bn. Critically, Manufacturing and Services PMIs were significantly up, as were the Construction output and Manufacturing production growth numbers. Airline flights were fuller too! What's not hot was the auto industry. 4W and 2W sales were down, as was production. As was employment. Linked, right?

Happy to be a citizen of a healthy republic!

Jai Hind.

Team Insights @Laqshya Media Group




Economic Indices



GST Collection[1]
(INR '000 Cr)

Net Equity Inflow[2]
(INR '000 Cr)


Exports[3]
(US$ bn)

Imports[4]
(US$ bn)


Sensex[5]


Consumer Confidence Index[6]



Forex Reserves[7]
(US$ bn)

Unemployment Rate[8] (%)



6.43
7.77
8
8.3
September
October
November
December

Inflation Rate[9] (%)


7.41
6.77
5.88
5.72

September
October
November
December

Manufacturing PMI[10]

Services PMI[11]


Construction Output Growth[12]
(%)

Manufacturing Production YoY
Growth
[13] (%)


Auto Production & Domestic
Sales
[14] (Lakh Units)

Passenger Vehicle Sales[15]
(Lakh Units)


Domestic Flights [16]('000)

Domestic Passengers[17]('000)





[1] GST Council
[2] AMFI
[3][4] Ministry of commerce and Industry
[5] BSC     [6][7] RBI
[8] Unemployment India
[9] MOSPI
[10][11] Markit Economics
[12] Office of the economic adviser
[13] MOSPI
[14] SIAM
[15] Auto Pundits
[16][17] AAI