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
7.97% YoY
Aug, 2026
IIP- Manufacturing
8.95% YoY
Aug, 2026
IIP- Mining
-5.62% YoY
Aug, 2026
IIP- Electricity
12.33% YoY
Aug, 2026
IIP- Consumer Durables
11.07% YoY
Aug, 2026
IIP- Consumer Non-Durables
2.05% YoY
Aug, 2026
IIP- 8 Core Industries
4.84% YoY
Aug, 2026
Capacity Utilisation
74.60% YoY
Q1 FY2026
HSBC Manufacturing PMI
55.10 pts
Sep, 2026
HSBC Services PMI
55.20 pts
Sep, 2026
Natural Gas Production
-4.76% YoY
Aug, 2026
Services Business Confidence
60.10% YoY
Q2 FY2026
Economic Phase
Index Value: 60.6
Trend Timeline
Track the economy's evolution throughout the year.
Strong Recovery signifies an acceleration in the pace of economic growth. In this phase, the economy continues to grow at a stronger rate, often influenced by low interest rates.
This Month
Real GDP held firm at 7.83% in Q1 FY27, but price pressures are building: headline CPI rose to 4.82% in August from 4.45% in July, with food inflation firmer at 5.95%, pushing further above the RBI's 4% target. The RBI held the repo rate at 5.25% with a neutral stance, even as bank credit growth stayed strong near 19%. CPI and IIP are the key prints to watch next.
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