India Business Confidence - Forecast

Business Confidence in India is expected to be 56.50 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Business Confidence in India to stand at 57.49 in 12 months time. In the long-term, the India Business Confidence is projected to trend around 59.00 Index Points in 2020, according to our econometric models.


Forecast Data Chart
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India Business Last Q3/18 Q4/18 Q1/19 Q2/19 2020
Business Confidence 59.7 56.5 57 57.4 57.49 59
Manufacturing PMI 51.7 51.8 52.1 51.9 51.8 51.2
Services PMI 51.5 51 52.1 50.4 51.5 51.9
Industrial Production 6.6 3.7 4.1 4.8 4.5 6.5
Industrial Production Mom -1.3 -0.47 -0.17 0.3 0.55 0.87
Manufacturing Production 7 2.2 4.1 6.2 4.8 5.6
Changes in Inventories 237 266 284 301 318 366
Car Production 274005 260114 218189 262936 230628 238720
Car Registrations 261146 258982 254885 256224 255790 255896
Internet Speed 6492 11003 11681 12339 12979 18445
IP Addresses 9378846 9484147 9485862 9489341 9489453 9490569
Mining Production 3.7 2.5 2.8 2.3 1.7 2.1
Steel Production 9000 8897 8961 8933 8920 8929
Cement Production 25920 23425 27460 29690 26097 29791
Competitiveness Index 4.59 4.59 4.59 4.61 4.61 5
Competitiveness Rank 40 40 40 38 38 39
Composite Pmi 51.9 51.9 53 52.15 51.96 51.6
Corruption Index 40 40 40 40 40 42
Corruption Rank 81 83 83 84 84 82
Ease of Doing Business 100 128 128 116 116 116