The Indian Economic 
Scan-shot 

June

2023

(with data from May '23)


There are 2 sets of numbers that we would like to draw your attention to: 1. The Purchasing Managers Indices and 2. Auto Production and Domestic Sales.

Both PMIs, Services and Manufacturing, are at or close to their annual highs. And both have been on the ascendant for the last several months. That is a good indicator of demand. Correspondingly, the Auto Production and Domestic Sales have hit the seasonal highs. We produced more than 2.1 million automobiles and sold more than 1.8 million. That is a healthy set of numbers indeed.

Following global trends, Net Equity Inflows paused and our unemployment rate must be giving our policy makes a few sleepless nights. Better them thank us!


Warm regards,

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](%)

7.45
7.8
8.11
7.7
February
March
April
May

Inflation Rate[9](%)

6.44
5.66
4.7
4.25
February
March
April
May

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