The Indian Economic 
Scan-shot 

October

2021


Hello Marketeers,
The end of another quarter brings some goods news and, as always, a few challenges!
The challenges first: Faltering exports and rising imports that can slow the economy, uncertain weather and incorrigible neighbours.
The good news next: The IMF continued with its forecast of 9.5% for India's GDP this year after contracting 7.3% last year. The Sensex went lofty, and even the equanimous Nifty seemed as convinced. Consumer confidence cantered and unemployment and inflation decelerated, despite 'fuel'. Auto production and sales continued to cruise even as personal vehicle sales slowed down after the high of pent-up demand-realization in June. The airports are humming again with 20% more flights and 30% more passengers. The roads too reflect these numbers - they're back to FULL!
Will these numbers continue to soar? Will this festive season help us forget the pandemic? Even as we write this, Mumbai recorded the first zero-Covid death day since March 2020. What we must never forget is the spirit of our healthcare fraternity. Once again, our gratitude!

Happy scanning!
Team Insights




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] (%)


9.17
6.95
8.32
6.86

Inflation Rate[9] (%)


6.26
5.59
5.3
4.35

June
July
August
September

Manufacturing PMI[10]

Services PMI[11]


Construction Output Growth[12]
(%)

The data for September is expected in November

Manufacturing Production YoY
Growth
[13] (%)

The data for September is expected in November

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

Passenger Vehicle Sales[15]
(Lakh Units)


Domestic Flights ('000)[16]

The data for September is expected in October end

Domestic Passengers (Lakhs)[17]

The data for September is expected in October end

Traffic Level 2021 vs 2019 [18] (%)




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