Services and Infrastructure Outlook Survey for Q3:2020-21 - RBI - Reserve Bank of India
Services and Infrastructure Outlook Survey for Q3:2020-21
Today, the Reserve Bank released the results of 27th round of its quarterly Services and Infrastructure Outlook Survey (SIOS). This forward-looking survey, being conducted since Q1:2014-15, captures qualitative assessment and expectations of Indian companies in the services and infrastructure sectors on a set of business parameters relating to demand conditions, price situation and other business conditions. 526 companies gave their assessment for Q3:2020-21 and expectations for Q4:2020-21 in the latest round of the survey, which was conducted during October-December 2020.1 Highlights: A. Services Sector Assessment for Q3:2020-21
Expectations for Q4:2020-21
B. Infrastructure Sector Assessment for Q3:2020-21
Expectations for Q4:2020-21
Note: Please see the excel file for time series data Services Sector
Infrastructure Sector
1 The background and methodological aspects of the survey are documented in the published article “Services and Infrastructure Outlook Survey – Recent Trends” in December 2020 issue of RBI bulletin (Weblink: /en/web/rbi/-/publications/rbi-bulletin/services-and-infrastructure-outlook-survey-recent-trends-19962). The survey results reflect the views of the respondents, which are not necessarily shared by the Reserve Bank of India. 2 Net Response (NR) is the difference between the percentage of respondents reporting optimism and those reporting pessimism. It ranges between -100 to 100. Positive value indicates expansion/optimism and negative value indicates contraction/pessimism. In other words, NR = (I – D); where, I is the percentage response of ‘Increase/optimism’, D is the percentage response of ‘Decrease/pessimism’ and E is the percentage response as ‘no change/ equal’ (i.e., I+D+E=100). For example, increase in turnover is optimism whereas decrease in cost of inputs is optimism. |