India - Change in Inventories

India: Change in Inventories

Mnemonic	CIVT.IIND
Unit	10 Mil. INR, NSA
Adjustments	Not Seasonally Adjusted
	Quarterly	14.25 %
Data	2021 Q2	51,988
	2021 Q1	60,628

Series Information

Source	Ministry of Statistics and Programme Implementation (MOSPI)
Release	Gross Domestic Product
Frequency	Quarterly
Start Date	6/30/1999
End Date	6/30/2021

India: Business

	Reference	Last	Previous	Units	Frequency
Industrial Production	Jul 2021	131.4	122.6	Index FY 2012=100, NSA	Monthly
Business Confidence	2021 Q2	52.38	-20.61	%,NSA	Quarterly
Capacity Utilization	2021 Q2	45.42	-26.09	%,NSA	Quarterly
Change in Inventories	2021 Q2	51,988	60,628	10 Mil. INR, NSA	Quarterly
Real Change in Inventories	2021 Q2	38,817	46,237	10 Mil. FY 2012 INR, NSA	Quarterly

Release Information

Description

For India, the quarterly and annual national accounts, including the detailed expenditure approach to GDP (use of GDP) and production approach to GDP (gross value added).

Properties

Active:

National accounts framework: UN SNA 2008
Industry classification: NIC 2008
Measurements:
- Ten million Indian rupees at constant fiscal year-2012 prices (10 Mil. FY 2012 INR)
- At current prices (10 Mil. INR)
Adjustment: Not seasonally adjusted (NSA)
Native frequencies:
- Quarterly
- Annual(March)
Start dates:
- 2011Q2
- 1951

Predecessors:

At FY 2005 prices, NIC 1998 - 1951 to 2014
At FY 2000 prices - 1996 to 2009

Methodology

Valuation is by market prices, not factor cost.

India's fiscal year runs from April 1, YYYY to March 31, YYYY+1. For example, fiscal year 2020-2021 runs from April 1, 2020 to March 31, 2021.

Moody's Analytics supplements

As of October 2019, we extend the history of the as-reported NSA series to 1996.

We compute counterparts that are seasonally adjusted at an annualized rate (SAAR).

The quartertly estimates are brought out with a timeliness of two months after the completion of a quarter. First and second quarter estimates are revised with the release of Second Advance Estimates. First, second and third release of 4th quarter estimates on 31st May. Thereafter, quarterly estimates for a financial year are revised based on revision of annual estimates each time these estimates are released for succeeding years. Apart from this regular revision calendar, the estimates are also revised in case of revision of base year of any of the indices used for compilation of these estimates. Most important indices used for compilation of GDP are Index of Industrial Production (IIP) Wholesale Price Index (WPI) and Consumer Price Indices.