आज रिज़र्व बैंक ने अप्रैल–जून 2019 में औद्योगिक आउटलुक सर्वेक्षण (आइओएस) के 86वें चक्र के परिणाम जारी किए। इस सर्वेक्षण में क्यू1:2019-20 के लिए भारत के विनिर्माण क्षेत्र में कंपनियों द्वारा कारोबारी परिस्थिति के गुणात्मक मूल्यांकन और 2019-201 के लिए उनकी प्रत्याशाओं को समाहित किया गया है। सर्वेक्षण के इस चक्र में 1,231 कंपनियों से प्रत्युत्तर प्राप्त किए गए। विशेष:
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उत्तरदाताओं के मूल्यांकन में ऑर्डर इनफ्लो, आउटपुट और रोजगार की स्थिति क्यू1:2019-20 में स्थिर रही।
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निर्यात पर भावनाएं पिछली तिमाही से काफी हद तक अपरिवर्तित रहे, लेकिन आशावादी क्षेत्र में; हालांकि, आयात में आशावादिता में कमी पाई गई।
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बैंक और आंतरिक निधियों से वित्त की उपलब्धता के संबंध में सुधार की भावनाओं सहित समग्र वित्तीय स्थिति पर आशावाद को बनाए रखा गया था।
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निर्माताओं ने उधारी पर ब्याज भुगतान, कच्चे माल की लागत और वेतन व्यय से निसृत दबावों को पारित करने के लिए क्यू1:2019-20 में बिक्री मूल्य में वृद्धि की, लेकिन लाभ मार्जिन पर निराशा बनी रही।
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समग्र कारोबारी भावनाओं में आशावादिता पाई गई, जैसा कि कारोबार मूल्यांकन सूचकांक (बीएआई)2 में प्रतिबिंबित है जो क्यू1:2019-20 में विस्तार क्षेत्र में 108.4 तक बढ़़ रहा है।
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उत्तरदाताओं को क्यू2:2019-20 में मांग की स्थितियों में मामूली सुधार की उम्मीद है।
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समग्र वित्तीय स्थिति पर आशावादी दृष्टिकोण बना हुआ है, तथापि आंतरिक निधियों और बैंकों से वित्त की उपलब्धता पर भावनाओं में कुछ संशोधन के साथ; क्यू2:2019:20 में विदेशों से वित्त की उपलब्धता पर आशावाद थोड़ा बढ़ा।
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कच्चे माल की लागत में कमी की उम्मीद के साथ, बिक्री कीमतों पर आशावाद की कमी के बावजूद निर्माता क्यू2:2019-20 में लाभ मार्जिन के बारें में उत्साहित हैं।
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कारोबार प्रत्याशा सूचकांक (बीईआई) क्यू1:2019-20 में 113.5 से घटकर क्यू2:2019-20 में 112.8 रह गया।
Summary Table
Net responses3 |
| (per cent) |
| Parameters |
Assessment period |
Expectations period |
| Q4:2018-19 |
Q1:2019-20 |
Q1:2019-20 |
Q2:2019-20 |
| Production |
25.3 |
23.0 |
32.8 |
29.1 |
| Order Books |
19.5 |
18.8 |
29.9 |
20.5 |
| Pending Orders |
9.2 |
9.6 |
4.3 |
-6.7 |
| Capacity Utilisation |
12.8 |
9.4 |
19.6 |
13.9 |
| Exports |
13.0 |
13.1 |
17.7 |
15.8 |
| Imports |
10.9 |
9.9 |
13.0 |
11.1 |
| Employment |
9.8 |
8.6 |
12.3 |
10.9 |
| Financial Situation (Overall) |
17.8 |
21.1 |
29.3 |
28.3 |
| Availability of Finance (from internal accruals) |
15.3 |
16.0 |
20.5 |
17.3 |
| Availability of Finance (from banks and other sources) |
10.8 |
11.9 |
14.2 |
13.0 |
| Availability of Finance (from overseas, if applicable) |
4.7 |
4.3 |
6.0 |
9.6 |
| Cost of Finance |
-15.7 |
-17.6 |
-14.4 |
-15.4 |
| Cost of Raw Materials |
-41.9 |
-43.3 |
-33.7 |
-27.6 |
| Salary/ Other Remuneration |
-26.7 |
-37.2 |
-32.9 |
-33.7 |
| Selling Price |
4.4 |
6.6 |
11.0 |
7.1 |
| Profit Margin |
-9.3 |
-8.0 |
0.8 |
7.4 |
| Overall Business Situation |
22.4 |
24.6 |
36.9 |
35.2 |
| Note: Please see the excel file for time series data |
| Table 1: Assessment and Expectations for Production |
| (Percentage responses)@ |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
39.4 |
14.0 |
46.6 |
25.4 |
40.4 |
11.0 |
48.6 |
29.5 |
| Q2:2018-19 |
1,095 |
39.2 |
13.1 |
47.7 |
26.0 |
43.0 |
9.8 |
47.2 |
33.2 |
| Q3:2018-19 |
1,267 |
38.2 |
13.3 |
48.5 |
24.9 |
41.6 |
9.0 |
49.4 |
32.5 |
| Q4:2018-19 |
1,258 |
40.2 |
14.9 |
44.9 |
25.3 |
43.5 |
7.2 |
49.3 |
36.3 |
| Q1:2019-20 |
1,231 |
38.6 |
15.6 |
45.8 |
23.0 |
42.1 |
9.3 |
48.5 |
32.8 |
| Q2:2019-20 |
|
|
|
|
|
40.1 |
11.0 |
48.9 |
29.1 |
‘Increase’ in production is optimistic.
@:Due to rounding off percentage may not add up to 100. |
| Table 2: Assessment and Expectations for Order Books |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
36.2 |
13.5 |
50.3 |
22.7 |
38.8 |
10.4 |
50.8 |
28.4 |
| Q2:2018-19 |
1,095 |
37.3 |
12.8 |
49.9 |
24.5 |
38.4 |
10.8 |
50.8 |
27.7 |
| Q3:2018-19 |
1,267 |
35.3 |
15.8 |
48.9 |
19.5 |
38.6 |
9.6 |
51.8 |
28.9 |
| Q4:2018-19 |
1,258 |
35.3 |
15.9 |
48.8 |
19.5 |
41.0 |
8.5 |
50.5 |
32.5 |
| Q1:2019-20 |
1,231 |
34.1 |
15.4 |
50.5 |
18.8 |
38.5 |
8.6 |
52.8 |
29.9 |
| Q2:2019-20 |
|
|
|
|
|
31.6 |
11.1 |
57.3 |
20.5 |
| ‘Increase’ in order books is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 3: Assessment and Expectations for Pending Orders |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Above Normal |
Below Normal |
Normal |
Net response |
Above Normal |
Below Normal |
Normal |
Net response |
| Q1:2018-19 |
1,207 |
5.1 |
12.4 |
82.4 |
7.3 |
4.9 |
12.6 |
82.5 |
7.6 |
| Q2:2018-19 |
1,095 |
7.2 |
13.2 |
79.7 |
6.0 |
6.3 |
10.7 |
83.0 |
4.4 |
| Q3:2018-19 |
1,267 |
4.7 |
13.2 |
82.1 |
8.6 |
7.4 |
11.0 |
81.6 |
3.6 |
| Q4:2018-19 |
1,258 |
5.1 |
14.3 |
80.6 |
9.2 |
6.3 |
9.9 |
83.8 |
3.6 |
| Q1:2019-20 |
1,231 |
6.0 |
15.7 |
78.3 |
9.6 |
6.1 |
10.4 |
83.5 |
4.3 |
| Q2:2019-20 |
|
|
|
|
|
16.1 |
9.4 |
74.5 |
-6.7 |
| Pending orders ‘Below Normal’ is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 4: Assessment and Expectations for Capacity Utilisation (Main Product) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
24.5 |
12.5 |
63.0 |
12.0 |
27.8 |
9.8 |
62.4 |
17.9 |
| Q2:2018-19 |
1,095 |
24.4 |
11.9 |
63.6 |
12.5 |
29.3 |
7.7 |
63.0 |
21.6 |
| Q3:2018-19 |
1,267 |
24.9 |
12.3 |
62.8 |
12.6 |
28.3 |
7.3 |
64.4 |
21.0 |
| Q4:2018-19 |
1,258 |
26.2 |
13.3 |
60.5 |
12.8 |
30.3 |
6.5 |
63.1 |
23.8 |
| Q1:2019-20 |
1,231 |
22.8 |
13.4 |
63.8 |
9.4 |
27.2 |
7.7 |
65.1 |
19.6 |
| Q2:2019-20 |
|
|
|
|
|
23.1 |
9.2 |
67.7 |
13.9 |
‘Increase’ in capacity utilisation is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 5: Assessment and Expectations for Level of CU (compared to the average in last 4 quarters) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Above Normal |
Below Normal |
Normal |
Net response |
Above Normal |
Below Normal |
Normal |
Net response |
| Q1:2018-19 |
1,207 |
11.0 |
12.9 |
76.1 |
-2.0 |
13.0 |
10.6 |
76.5 |
2.4 |
| Q2:2018-19 |
1,095 |
11.7 |
12.3 |
76.0 |
-0.6 |
11.8 |
9.3 |
78.9 |
2.5 |
| Q3:2018-19 |
1,267 |
10.1 |
12.9 |
76.9 |
-2.8 |
12.5 |
9.1 |
78.4 |
3.4 |
| Q4:2018-19 |
1,258 |
11.6 |
13.0 |
75.3 |
-1.4 |
12.7 |
8.6 |
78.7 |
4.1 |
| Q1:2019-20 |
1,231 |
9.6 |
14.8 |
75.7 |
-5.2 |
12.2 |
8.2 |
79.6 |
4.0 |
| Q2:2019-20 |
|
|
|
|
|
9.2 |
8.8 |
82.0 |
0.3 |
| ‘Above Normal’ in Level of capacity utilisation is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 6: Assessment and Expectations for Assessment of Production Capacity (with regard to expected demand in next 6 months) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| More than adequate |
Less than adequate |
Adequate |
Net response |
More than adequate |
Less than adequate |
Adequate |
Net response |
| Q1:2018-19 |
1,207 |
10.5 |
6.6 |
82.9 |
3.9 |
13.0 |
6.0 |
81.0 |
7.0 |
| Q2:2018-19 |
1,095 |
11.2 |
7.2 |
81.6 |
4.0 |
11.3 |
6.0 |
82.7 |
5.2 |
| Q3:2018-19 |
1,267 |
10.3 |
7.2 |
82.5 |
3.0 |
11.9 |
6.3 |
81.8 |
5.6 |
| Q4:2018-19 |
1,258 |
11.2 |
7.4 |
81.4 |
3.8 |
10.6 |
6.1 |
83.3 |
4.5 |
| Q1:2019-20 |
1,231 |
11.0 |
6.7 |
82.2 |
4.3 |
12.2 |
6.2 |
81.6 |
6.0 |
| Q2:2019-20 |
|
|
|
|
|
13.5 |
6.9 |
79.6 |
6.6 |
| ‘More than adequate’ in Assessment of Production Capacity is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 7: Assessment and Expectations for Exports |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
23.6 |
14.5 |
61.8 |
9.1 |
28.4 |
9.8 |
61.8 |
18.6 |
| Q2:2018-19 |
1,095 |
23.7 |
13.1 |
63.2 |
10.7 |
27.8 |
9.2 |
63.0 |
18.5 |
| Q3:2018-19 |
1,267 |
25.1 |
13.0 |
61.9 |
12.1 |
26.1 |
10.2 |
63.7 |
15.9 |
| Q4:2018-19 |
1,258 |
25.0 |
12.0 |
63.0 |
13.0 |
27.8 |
8.0 |
64.2 |
19.8 |
| Q1:2019-20 |
1,231 |
24.6 |
11.5 |
64.0 |
13.1 |
25.7 |
8.0 |
66.2 |
17.7 |
| Q2:2019-20 |
|
|
|
|
|
24.0 |
8.2 |
67.8 |
15.8 |
| ‘Increase’ in exports is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 8: Assessment and Expectations for Imports |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
19.6 |
8.4 |
72.0 |
11.2 |
19.6 |
5.8 |
74.7 |
13.8 |
| Q2:2018-19 |
1,095 |
18.3 |
8.6 |
73.1 |
9.8 |
19.1 |
5.8 |
75.1 |
13.3 |
| Q3:2018-19 |
1,267 |
20.1 |
8.5 |
71.4 |
11.6 |
19.3 |
7.1 |
73.6 |
12.2 |
| Q4:2018-19 |
1,258 |
19.7 |
8.7 |
71.6 |
10.9 |
21.0 |
5.3 |
73.7 |
15.7 |
| Q1:2019-20 |
1,231 |
18.2 |
8.3 |
73.4 |
9.9 |
19.2 |
6.2 |
74.6 |
13.0 |
| Q2:2019-20 |
|
|
|
|
|
18.4 |
7.4 |
74.2 |
11.1 |
| ‘Increase’ in imports is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 9: Assessment and Expectations for level of Raw Materials Inventory |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Above average |
Below average |
Average |
Net response |
Above average |
Below average |
Average |
Net response |
| Q1:2018-19 |
1,207 |
14.6 |
4.9 |
80.5 |
-9.6 |
10.8 |
5.7 |
83.5 |
-5.2 |
| Q2:2018-19 |
1,095 |
14.3 |
6.1 |
79.6 |
-8.2 |
11.0 |
5.2 |
83.7 |
-5.8 |
| Q3:2018-19 |
1,267 |
14.3 |
4.6 |
81.0 |
-9.7 |
11.3 |
4.6 |
84.1 |
-6.7 |
| Q4:2018-19 |
1,258 |
14.9 |
5.5 |
79.6 |
-9.5 |
12.1 |
4.2 |
83.8 |
-7.9 |
| Q1:2019-20 |
1,231 |
13.9 |
5.7 |
80.4 |
-8.3 |
12.0 |
3.7 |
84.3 |
-8.3 |
| Q2:2019-20 |
|
|
|
|
|
11.8 |
4.2 |
84.0 |
-7.7 |
| ‘Below average’ Inventory of raw materials is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 10: Assessment and Expectations for level of Finished Goods Inventory |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Above average |
Below average |
Average |
Net response |
Above average |
Below average |
Average |
Net response |
| Q1:2018-19 |
1,207 |
12.0 |
6.3 |
81.7 |
-5.7 |
10.4 |
5.8 |
83.9 |
-4.6 |
| Q2:2018-19 |
1,095 |
13.3 |
6.5 |
80.2 |
-6.9 |
9.9 |
5.0 |
85.1 |
-4.8 |
| Q3:2018-19 |
1,267 |
15.0 |
4.9 |
80.1 |
-10.0 |
10.8 |
5.2 |
83.9 |
-5.6 |
| Q4:2018-19 |
1,258 |
14.4 |
6.5 |
79.1 |
-7.9 |
11.1 |
4.6 |
84.3 |
-6.5 |
| Q1:2019-20 |
1,231 |
13.5 |
6.7 |
79.8 |
-6.8 |
10.5 |
4.9 |
84.6 |
-5.6 |
| Q2:2019-20 |
|
|
|
|
|
13.0 |
6.0 |
81.0 |
-7.0 |
| ‘Below average’ Inventory of finished goods is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 11: Assessment and Expectations for Employment Outlook |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
18.1 |
7.2 |
74.6 |
10.9 |
17.7 |
6.6 |
75.7 |
11.1 |
| Q2:2018-19 |
1,095 |
16.2 |
7.8 |
76.1 |
8.4 |
17.6 |
4.7 |
77.7 |
12.9 |
| Q3:2018-19 |
1,267 |
16.1 |
6.7 |
77.1 |
9.4 |
17.1 |
4.2 |
78.7 |
12.9 |
| Q4:2018-19 |
1,258 |
16.7 |
6.9 |
76.5 |
9.8 |
17.0 |
4.8 |
78.2 |
12.2 |
| Q1:2019-20 |
1,231 |
15.9 |
7.3 |
76.8 |
8.6 |
17.1 |
4.8 |
78.1 |
12.3 |
| Q2:2019-20 |
|
|
|
|
|
16.6 |
5.7 |
77.7 |
10.9 |
| ‘Increase’ in employment is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 12: Assessment and Expectations for Overall Financial Situation |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Better |
Worsen |
No change |
Net response |
Better |
Worsen |
No change |
Net response |
| Q1:2018-19 |
1,207 |
31.0 |
10.3 |
58.7 |
20.7 |
34.5 |
6.5 |
59.0 |
28.0 |
| Q2:2018-19 |
1,095 |
30.0 |
11.3 |
58.7 |
18.6 |
35.1 |
7.2 |
57.6 |
27.9 |
| Q3:2018-19 |
1,267 |
28.5 |
11.9 |
59.6 |
16.5 |
34.4 |
7.5 |
58.0 |
26.9 |
| Q4:2018-19 |
1,258 |
29.3 |
11.4 |
59.3 |
17.8 |
35.2 |
6.5 |
58.3 |
28.7 |
| Q1:2019-20 |
1,231 |
29.7 |
8.6 |
61.7 |
21.1 |
35.0 |
5.7 |
59.3 |
29.3 |
| Q2:2019-20 |
|
|
|
|
|
34.3 |
6.1 |
59.6 |
28.3 |
| ‘Better’ overall financial situation is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 13: Assessment and Expectations for Working Capital Finance Requirement |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
32.4 |
4.8 |
62.8 |
27.7 |
30.8 |
5.3 |
63.9 |
25.4 |
| Q2:2018-19 |
1,095 |
30.4 |
5.5 |
64.2 |
24.9 |
30.8 |
4.5 |
64.7 |
26.3 |
| Q3:2018-19 |
1,267 |
30.5 |
5.6 |
63.9 |
24.9 |
30.6 |
4.0 |
65.4 |
26.6 |
| Q4:2018-19 |
1,258 |
30.8 |
4.6 |
64.6 |
26.2 |
29.9 |
4.4 |
65.7 |
25.6 |
| Q1:2019-20 |
1,231 |
28.5 |
5.4 |
66.1 |
23.2 |
29.6 |
4.1 |
66.3 |
25.6 |
| Q2:2019-20 |
|
|
|
|
|
27.7 |
5.5 |
66.8 |
22.1 |
| ‘Increase’ in working capital finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 14: Assessment and Expectations for Availability of Finance (from Internal Accruals) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q1:2018-19 |
1,207 |
24.2 |
8.2 |
67.5 |
16.0 |
25.1 |
6.9 |
67.9 |
18.2 |
| Q2:2018-19 |
1,095 |
24.3 |
10.2 |
65.5 |
14.1 |
25.1 |
6.5 |
68.3 |
18.6 |
| Q3:2018-19 |
1,267 |
21.2 |
10.4 |
68.4 |
10.8 |
24.9 |
6.7 |
68.3 |
18.2 |
| Q4:2018-19 |
1,258 |
22.8 |
7.5 |
69.6 |
15.3 |
25.4 |
6.2 |
68.4 |
19.2 |
| Q1:2019-20 |
1,231 |
23.2 |
7.2 |
69.6 |
16.0 |
25.5 |
5.0 |
69.5 |
20.5 |
| Q2:2019-20 |
|
|
|
|
|
23.0 |
5.7 |
71.3 |
17.3 |
| ‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 15: Assessment and Expectations for Availability of Finance (from banks and other sources) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q1:2018-19 |
1,207 |
19.0 |
7.3 |
73.7 |
11.7 |
20.9 |
6.4 |
72.7 |
14.6 |
| Q2:2018-19 |
1,095 |
18.7 |
6.4 |
74.9 |
12.2 |
19.9 |
5.6 |
74.4 |
14.3 |
| Q3:2018-19 |
1,267 |
17.2 |
6.0 |
76.8 |
11.2 |
19.0 |
5.9 |
75.1 |
13.1 |
| Q4:2018-19 |
1,258 |
17.8 |
7.0 |
75.2 |
10.8 |
20.1 |
4.1 |
75.8 |
16.0 |
| Q1:2019-20 |
1,231 |
17.9 |
6.0 |
76.1 |
11.9 |
19.3 |
5.0 |
75.7 |
14.2 |
| Q2:2019-20 |
|
|
|
|
|
17.4 |
4.4 |
78.2 |
13.0 |
| ‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 16: Assessment and Expectations for Availability of Finance (from overseas, if applicable) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q1:2018-19 |
1,207 |
7.1 |
5.7 |
87.1 |
1.4 |
8.6 |
4.3 |
87.1 |
4.3 |
| Q2:2018-19 |
1,095 |
9.0 |
4.0 |
87.0 |
4.9 |
9.0 |
4.6 |
86.4 |
4.4 |
| Q3:2018-19 |
1,267 |
6.9 |
4.0 |
89.1 |
2.9 |
9.5 |
4.3 |
86.2 |
5.2 |
| Q4:2018-19 |
1,258 |
8.6 |
3.9 |
87.6 |
4.7 |
9.0 |
3.0 |
88.0 |
6.0 |
| Q1:2019-20 |
1,231 |
8.2 |
4.0 |
87.8 |
4.3 |
9.5 |
3.5 |
87.0 |
6.0 |
| Q2:2019-20 |
|
|
|
|
|
13.1 |
3.5 |
83.5 |
9.6 |
| ‘Improvement’ in availability of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 17: Assessment and Expectations for Cost of Finance |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Decrease |
Increase |
No change |
Net
response |
Decrease |
Increase |
No change |
Net response |
| Q1:2018-19 |
1,207 |
25.3 |
5.4 |
69.2 |
-19.9 |
18.7 |
6.4 |
74.9 |
-12.2 |
| Q2:2018-19 |
1,095 |
25.7 |
6.4 |
67.9 |
-19.3 |
24.1 |
4.8 |
71.1 |
-19.3 |
| Q3:2018-19 |
1,267 |
24.9 |
5.4 |
69.7 |
-19.5 |
24.7 |
4.9 |
70.4 |
-19.8 |
| Q4:2018-19 |
1,258 |
21.3 |
5.6 |
73.1 |
-15.7 |
22.3 |
4.8 |
73.0 |
-17.5 |
| Q1:2019-20 |
1,231 |
22.4 |
4.9 |
72.7 |
-17.6 |
20.2 |
5.8 |
74.0 |
-14.4 |
| Q2:2019-20 |
|
|
|
|
|
22.5 |
7.1 |
70.4 |
-15.4 |
| ‘Decrease’ in cost of finance is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 18: Assessment and Expectations for Cost of Raw Materials |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net
response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
55.9 |
2.8 |
41.3 |
-53.0 |
42.7 |
3.7 |
53.6 |
-39.0 |
| Q2:2018-19 |
1,095 |
55.5 |
2.6 |
41.8 |
-52.9 |
46.2 |
2.8 |
50.9 |
-43.4 |
| Q3:2018-19 |
1,267 |
53.1 |
3.9 |
43.1 |
-49.2 |
46.5 |
1.9 |
51.6 |
-44.5 |
| Q4:2018-19 |
1,258 |
46.8 |
4.8 |
48.4 |
-41.9 |
42.1 |
3.5 |
54.3 |
-38.6 |
| Q1:2019-20 |
1,231 |
46.4 |
3.1 |
50.5 |
-43.3 |
37.2 |
3.5 |
59.2 |
-33.7 |
| Q2:2019-20 |
|
|
|
|
|
31.4 |
3.8 |
64.8 |
-27.6 |
| ‘Decrease’ in cost of raw materials is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 19: Assessment and Expectations for Salary/Other Remuneration |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
42.0 |
2.1 |
55.9 |
-40.0 |
36.8 |
1.8 |
61.3 |
-35.0 |
| Q2:2018-19 |
1,095 |
35.5 |
2.0 |
62.5 |
-33.5 |
32.8 |
1.2 |
65.9 |
-31.6 |
| Q3:2018-19 |
1,267 |
29.8 |
1.6 |
68.6 |
-28.2 |
25.6 |
1.2 |
73.2 |
-24.4 |
| Q4:2018-19 |
1,258 |
28.5 |
1.8 |
69.7 |
-26.7 |
22.8 |
1.4 |
75.8 |
-21.4 |
| Q1:2019-20 |
1,231 |
38.8 |
1.6 |
59.6 |
-37.2 |
34.0 |
1.1 |
64.9 |
-32.9 |
| Q2:2019-20 |
|
|
|
|
|
34.5 |
0.9 |
64.6 |
-33.7 |
| ‘Decrease’ in Salary / other remuneration is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 20: Assessment and Expectations for Selling Price |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
23.0 |
11.4 |
65.6 |
11.5 |
19.2 |
8.9 |
71.9 |
10.4 |
| Q2:2018-19 |
1,095 |
22.1 |
10.7 |
67.2 |
11.3 |
18.5 |
9.6 |
71.9 |
8.8 |
| Q3:2018-19 |
1,267 |
19.9 |
13.7 |
66.4 |
6.2 |
21.0 |
6.7 |
72.3 |
14.3 |
| Q4:2018-19 |
1,258 |
17.5 |
13.1 |
69.3 |
4.4 |
19.4 |
7.1 |
73.5 |
12.3 |
| Q1:2019-20 |
1,231 |
17.1 |
10.5 |
72.4 |
6.6 |
19.5 |
8.5 |
72.0 |
11.0 |
| Q2:2019-20 |
|
|
|
|
|
15.5 |
8.4 |
76.1 |
7.1 |
| ‘Increase’ in selling price is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 21: Assessment and Expectations for Profit Margin |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q1:2018-19 |
1,207 |
15.5 |
25.8 |
58.7 |
-10.3 |
18.0 |
18.7 |
63.3 |
-0.7 |
| Q2:2018-19 |
1,095 |
14.3 |
26.5 |
59.2 |
-12.2 |
18.0 |
18.0 |
64.0 |
0.0 |
| Q3:2018-19 |
1,267 |
16.1 |
27.8 |
56.1 |
-11.7 |
17.1 |
17.0 |
65.9 |
0.1 |
| Q4:2018-19 |
1,258 |
16.2 |
25.5 |
58.3 |
-9.3 |
18.7 |
16.7 |
64.5 |
2.0 |
| Q1:2019-20 |
1,231 |
16.1 |
24.1 |
59.8 |
-8.0 |
17.8 |
17.0 |
65.1 |
0.8 |
| Q2:2019-20 |
|
|
|
|
|
21.9 |
14.5 |
63.6 |
7.4 |
| ‘Increase’ in profit margin is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 22: Assessment and Expectations for Overall Business Situation |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectations |
| Better |
Worsen |
No change |
Net response |
Better |
Worsen |
No change |
Net response |
| Q1:2018-19 |
1,207 |
38.7 |
9.0 |
52.3 |
29.6 |
42.7 |
5.8 |
51.5 |
36.9 |
| Q2:2018-19 |
1,095 |
38.1 |
10.3 |
51.6 |
27.9 |
40.5 |
5.9 |
53.6 |
34.6 |
| Q3:2018-19 |
1,267 |
34.9 |
10.3 |
54.8 |
24.6 |
43.3 |
7.0 |
49.8 |
36.3 |
| Q4:2018-19 |
1,258 |
33.9 |
11.5 |
54.7 |
22.4 |
43.2 |
6.5 |
50.3 |
36.7 |
| Q1:2019-20 |
1,231 |
35.1 |
10.5 |
54.4 |
24.6 |
42.5 |
5.6 |
51.9 |
36.9 |
| Q2:2019-20 |
|
|
|
|
|
41.1 |
6.0 |
52.9 |
35.2 |
| ‘Better’ Overall Business Situation is optimistic. Footnote ‘@’ given in Table 1 is applicable here. |
| Table 23: Business Sentiments |
| Quarter |
Business Assessment Index (BAI) |
Business Expectations Index (BEI) |
| Q1:2018-19 |
108.4 |
114.6 |
| Q2:2018-19 |
110.0 |
114.1 |
| Q3:2018-19 |
107.1 |
115.0 |
| Q4:2018-19 |
107.2 |
116.2 |
| Q1:2019-20 |
108.4 |
113.5 |
| Q2:2019-20 |
|
112.8 |
|
