The Indian Economic 
Scan-shot 

July

2023

(with data from June '23)

It's Raining in July!

The season's flowers are blooming and the bees are making a (ahem!) beeline for said flowers! A specific blossom I refer to is the Sensex and the foreign institutional investors are the bees! Sensex touched 65K and the net equity inflow was a robust 86.4k crore rupees. One wonders… where will the Sensex be in the next few months? GST collections are now routinely crossing 1.6 lakh crore rupees… do you recall the BIG news when it first cross 1 lakh crores? Projections, anyone?

The cheer continues across GDP numbers, PMIs, Consumer Confidence and Capacity utilisation in Airlines. But there's a dark cloud to all this silver… Unemployment continues to bloat. Bit of a paradox that needs serious attention


Cheers,

Team Insight


Economic Indices


GDP Annual Growth Rate
(%)

GDP from Agriculture
(INR Bn)


GDP From Construction
(INR Bn)

GDP from Manufacturing
(INR Bn)


GDP from Mining
(INR Bn)

GDP from Public
Administration (INR Bn)


GDP from Utilities
(INR Bn)

GST Collection[1]
(INR '000 Cr)


Equity Inflow[2]
(INR '000 Cr)

Sensex[3]



Exports[4]
(US$ Bn)

Imports[5]
(US$ Bn)


Consumer Confidence Index[6]


Consumer Spending
(INR Bn)


Forex Reserves[7]
(US$ Bn)

Unemployment Rate[8] (%)

7.8
8.11
7.64
8.53
Mar
Apr
May
Jun

Inflation Rate[9] (%)

5.66
4.7
4.31
4.87
Mar
Apr
May
Jun

Manufacturing PMI[10]

Services PMI[11]


Construction Output Growth[12]
(%)

Manufacturing Production YoY
Growth[13] (%)


Auto Production & Domestic
Sales[14] (Lakh Units)

Passenger Vehicle Sales[15]
(Lakh Units)


Domestic Flights[16]
('000)

Domestic Passengers[17]
('000)




1][2][3][4][5][6] MOSPI
[7] GST Council
[8] AMFI
[9][10] Ministry of
commerce and Industry
[11] BSC
[12][13] RBI
[14] MOSPI
[15] CMIE
[16] MOSPI
[17][18] Markit
Economics
[19] Office of the
economic adviser
[20] MOSPI
[21] SIAM
[22] FADA
[23][24] AAI