A Snapshot of India's Economy
Monthly Report
August 2026 Monthly Report
Merchandise Trade Balance
$ -30.21 bn
Sep, 2026
Exports - Manufactured Goods
$ 31.60 bn
Aug, 2026
Exports - Agricultural & Allied Products
$ 4.31 bn
Aug, 2026
Non-Oil Exports
$ 56.27 bn
Sep, 2026
Non-Oil Non-Gold Imports
$ 53.80 bn
Sep, 2026
Services Trade- Net Inflows
$ 19.21 bn
Sep, 2026
Current Account Deficit (% GDP)
-0.45% of GDP
Q1 FY2026
USD/INR Exchange Rate
₹94.88/$
2 Nov, 2026
Foreign Exchange Reserves
$ 747.56 bn
Sep, 2026
Import Cover (Months)
10.02 Months
Sep, 2026
Gross Foreign Direct Investment (FDI)
$ 5.24 bn
Aug, 2026
External Commercial Borrowings (ECBs)
131.74% YoY
Jul, 2026
Baltic Dry Index
3408.00 pts
Sep, 2026
Foreign Tourist Arrivals
10.51% YoY
Aug, 2026
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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