India: Business confidence survey
* indicates monthly or quarterly data series
| India |
Business confidence survey |
|---|---|
| Latest value | 120.55 |
| Reference | Q4 2022 |
| Measure | points |
| Source | Reserve Bank of India |
For that indicator, we provide data for India from Q3 2000 to Q4 2022. The average value for India during that period was 114.06 points with a minimum of 79.1 points in Q3 2020 and a maximum of 129.35 points in Q4 2021.
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Measure: points
Source: Reserve Bank of India
Source: Reserve Bank of India
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.