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
Business Confidence 2021 Q3 70.3 33.99 %,NSA Quarterly
Capacity Utilization 2021 Q3 65.19 28.79 %,NSA Quarterly
Industrial Production Sep 2021 127.9 131.3 Index FY 2012=100, NSA Monthly
Real Change in Inventories 2021 Q3 41,844 38,817 10 Mil. FY 2012 INR, NSA Quarterly
Change in Inventories 2021 Q2 51,988 60,628 10 Mil. INR, NSA Quarterly

Release Information

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).


  • 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


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

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.