India Changes in Inventories  Forecast


Changes in Inventories in India is expected to be 736.81 INR Billion by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Changes in Inventories in India to stand at 729.32 in 12 months time. In the long-term, the India Changes in Inventories is projected to trend around 725.05 INR Billion in 2020, according to our econometric models.


India Changes in Inventories
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India Business Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Business Confidence 64.1 54.5 56 56.8 55.9 59
Services PMI 47.5 53 54 52.9 52 51.9
Manufacturing PMI 51.2 52.8 53.3 52.8 51.5 51.2
Industrial Production 1.2 3.1 3.4 4.2 4.4 6.5
Industrial Production Mom -1.1 0.3 -0.27 0.46 0.66 0.87
Manufacturing Production 0.1 2.4 2.7 3.5 3.4 5.6
Changes in Inventories 740 737 739 731 729 725
Car Production 257605 252506 237792 243740 241161 241960
Car Registrations 261052 259626 238446 245221 243118 243608
Cement Production 22704 22820 22163 21757 21404 19200
Competitiveness Index 4.52 4.52 4.52 4.61 4.61 5.51
Competitiveness Rank 39 55 55 44 45 51
Composite Pmi 49 52.4 52.9 53 51.4 51.6
Corruption Index 40 38 38 40 40 42
Corruption Rank 79 79 76 79 80 72
Ease of Doing Business 130 129 129 133 132 126
Steel Production 8474 8205 8319 8259 8244 8258
Mining Production 4.8 4.1 4.3 3.9 5.9 2.1
Mni Business Sentiment 66 67 68 66.3 64.4 62