A Snapshot of India's Economy
Monthly Report
August 2026 Monthly Report
Real GDP Growth
7.82% YoY
Q1 FY2026
Nominal GDP
10.33% YoY
Q1 FY2026
GVA - Overall
8.23% YoY
Q1 FY2026
GVA - Services
9.99% YoY
Q1 FY2026
GVA - Industry
7.68% YoY
Q1 FY2026
GVA - Agriculture
3.64% YoY
Q1 FY2026
GVA - Financial, Real Estate and Business Services
12.11% YoY
Q1 FY2026
Gross Fixed Capital Formation (GFCF)
11.95% YoY
Q1 FY2026
Government Consumption (GFCE)
4.33% YoY
Q1 FY2026
Private Consumption (PFCE)
7.14% YoY
Q1 FY2026
IIP- Overall
6.70% YoY
Sep, 2026
IIP- Manufacturing
7.56% YoY
Sep, 2026
IIP- Mining
-6.22% YoY
Sep, 2026
IIP- Electricity
11.25% YoY
Sep, 2026
IIP- Consumer Durables
5.97% YoY
Sep, 2026
IIP- Consumer Non-Durables
1.36% YoY
Sep, 2026
Index of Industrial Production (IIP)- 8 Core Industries
7.94% YoY
Sep, 2026
Capacity Utilisation
74.60% YoY
Q1 FY2026
HSBC Manufacturing PMI
54.70 pts
Oct, 2026
HSBC Services PMI
55.20 pts
Sep, 2026
Natural Gas Production
-4.55% YoY
Sep, 2026
Services Business Confidence
60.10% YoY
Q2 FY2026
Economic Phase
Index Value: 58.23
Trend Timeline
Track the economy's evolution throughout the year.
Transitory slowdown signifies a reduction in the pace of economic growth. In this phase, the economy continues to grow but at a slower rate, often influenced by higher interest rates.
This Month
Inflation is now driving the story. Headline CPI rose to 5.54% in September from 4.83% in August, led by food inflation of 7.74%, and the RBI hiked the repo rate by 25 bps to 5.50% on 7 October. Industry held firm, with IIP up 8.0% in August. September IIP and Q2 GDP are the next releases to watch.
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