India: Business confidence survey

* indicates monthly or quarterly data series

Business confidence survey

 Latest value 125.18
 Reference Q4 2023
 Measure points
 Data availability Q3 2000 - Q4 2023
 Average 114.39
 Min - Max 79.1 - 129.35
 Source Reserve Bank of India
For that indicator, we provide data for India from Q3 2000 to Q4 2023. The average value for India during that period was 114.39 points with a minimum of 79.1 points in Q3 2020 and a maximum of 129.35 points in Q4 2021. Click on the following link to see the values of Business confidence survey around the world.
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* indicates monthly or quarterly data series

Recent values chart
India - Business confidence survey - recent values

Historical chart
India - Business confidence survey - historical chart - 2000-2023
Measure: points
Source: Reserve Bank of India

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Definition: The business survey indicator provides information on the amount of optimism or pessimism that business managers feel about the prospects of their companies, based upon opinion surveys on developments in production, orders and stocks of finished goods and the general economic situation of the company. It can be used to monitor output growth and to anticipate turning points in economic activity.

 Related indicators Latest value Reference Measure
 Industrial production 6.40 9/2023 percent
 House price index 311.73 Q3/2022 index point
 Real residential property prices Y-on-Y change -2.33 Q3/2022 percent
 Business confidence survey 122.39 Q3/2023 points
 Consumer confidence survey 2.35 Q3/2023 points
 Purchasing Managers Index (PMI), composite 61.00 9/2023 index points
 Purchasing Managers Index (PMI), manufacturing 57.50 9/2023 index points
 Purchasing Managers Index (PMI), services 61.00 9/2023 index points
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