MNI India Business SentimentJuly 2022 Data - 2012-2021 Historical - August Forecast

Name: MNI India Business Sentiment
Creator: TRADING ECONOMICS
License: https://creativecommons.org/licenses/by/4.0/
Keywords: India,Mni Business Sentiment,data,chart,actual,historical,values,calendar,forecast,graph,2021,2022,2023

Mni Business Sentiment in India increased to 66 in August from 62.80 in July of 2016. source: MNI Deutsche Börse Group

Mni Business Sentiment in India averaged 62.44 from 2012 until 2016, reaching an all time high of 71.20 in September of 2014 and a record low of 47.50 in April of 2013. This page provides - India Mni Business Sentiment- actual values, historical data, forecast, chart, statistics, economic calendar and news. MNI India Business Sentiment - values, historical data and charts - was last updated on August of 2022.

Mni Business Sentiment in India is expected to be 62.00 by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mni Business Sentiment in India to stand at 62.00 in 12 months time. In the long-term, the MNI India Business Sentiment is projected to trend around 62.00 in 2021, according to our econometric models.

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Related	Last	Previous	Unit	Reference
Mni Business Sentiment	66.00	62.80		Aug 2016

MNI India Business Sentiment

The MNI India Business Sentiment Survey is a monthly poll of Indian business executives at a mix of manufacturing and service sector companies listed on the Bombay Stock Exchange. The survey provides the first monthly snapshot of economic and business conditions, ahead of official data in India. Respondents are asked their opinion on whether a particular business activity has increased, decreased remained the same compared with the previous month as well as their expectations for three months ahead. E.g. Is Production Higher/Same/Lower compared with a month ago? A diffusion indicator is then calculated by adding the percentage share of positive responses to half the percentage of those respondents reporting no change. An indicator reading above 50 shows expansion, below 50 indicates contraction and a result of 50 means no change. Series which show a seasonal pattern are seasonally adjusted.