आज रिज़र्व बैंक ने जुलाई-सितंबर 2018 में औद्योगिक आउटलुक सर्वेक्षण (आइओएस) के 83वें चक्र के परिणाण जारी किए। इस सर्वेक्षण में क्यू2-2018-19 के लिए भारत के विनिर्माण क्षेत्र में कंपनियों द्वारा कारोबारी परिदृश्य के गुणात्मक मूल्यांकन और क्यू3-2018-191 के लिए उनकी प्रत्याशाओं को कैपचर किया गया है। सर्वेक्षण के इस चक्र में 1095 कंपनियों से प्रत्युत्तर प्राप्त किए गए। विशेष: • क्यू1-2018-19 की तुलना में क्यू2-2018-19 में मांग स्थितियों को लेकर उत्तरदाताओं में आशावादिता पाई गई, जो उत्पादन, ऑर्डर बुक्स, क्षमता उपभोग और निर्यातों के मूल्यांकन में भी साफ जाहिर है। • समग्र वित्तीय स्थितियों को लेकर उनकी आशावादिता में थोड़ी कमी पाई गई जो संभवतः उनके आंतरिक अर्जन में कमी को प्रतिबिंबित करता है, तथापि बैंकों और अन्य स्रोतों से वित्त की उपलब्धता यथावत बनी रही। • भले ही बिक्री की कीमतों के संबंध में भावनाएं यथावत रहीं,तथापि कच्चे माल की ऊंची कीमतों और वित्त की बढ़ती लागत के कारण लाभ मार्जिन का क्षरण हुआ। • समग्रतया भारतीय विनिर्माण क्षेत्र की कारोबारी भावनाओं में सुधार दिखा,जो क्यू1-2018-19 में कारोबार प्रत्याशा सूचकांक (बीईआइ)2 के 108.4 से बढ़कर क्यू2-2018-19 में 110.0 हो जाने में प्रतिबिंबित होता है।
• क्यू3-2018-19 के लिए उनकी प्रत्याशाओं का जहाँ तक प्रश्न है, मांग स्थितियों के परिदृश्य के बारे में उत्तरदाताओं के रुझान में आशावादिता की कमी दिखी। • समग्र वित्तीय स्थितियों के बारे में उनके रुझान में कमी दिखी जिसकी मुख्य वजह थी बैंकों और अन्य स्रोतों से वित्त की उपलब्धता को लेकर उनकी आशवादिता में थोड़ी गिरावट का आना तथापि उत्तरदाता विदेश से वित्त की उपलब्धता के बारे में अधिक संतुष्ट पाए गए। • बिक्री कीमतों के परिदृश्य में सुधार दिखा; तथापि लाभ मार्जिन यथावत रहने की उम्मीद बनी रही। बीईआइ जो क्यू2-2018-19 में 114.1 था क्यू3-2018-19 में बढ़कर 115.0 पर जा पहुंचा।
Summary Table
Net responses3 |
| (per cent) |
| Parameters |
Assessment period |
Expectation period |
| Q1:2018-19 |
Q2:2018-19 |
Q2:2018-19 |
Q3:2018-19 |
| Production |
25.4 |
26.0 |
33.2 |
32.5 |
| Order Books |
22.7 |
24.5 |
27.7 |
28.9 |
| Pending Orders |
7.3 |
6.0 |
4.4 |
3.6 |
| Capacity Utilisation |
12.0 |
12.5 |
21.6 |
21.0 |
| Exports |
9.1 |
10.7 |
18.5 |
15.9 |
| Imports |
11.2 |
9.8 |
13.3 |
12.2 |
| Employment |
10.9 |
8.4 |
12.9 |
12.9 |
| Financial Situation (Overall) |
20.7 |
18.6 |
27.9 |
26.9 |
| Availability of Finance (from internal accruals) |
16.0 |
14.1 |
18.6 |
18.2 |
| Availability of Finance (from banks and other sources) |
11.7 |
12.2 |
14.3 |
13.1 |
| Availability of Finance (from overseas, if applicable) |
1.4 |
4.9 |
4.4 |
5.2 |
| Cost of Finance |
-19.9 |
-19.3 |
-19.3 |
-19.8 |
| Cost of Raw Material |
-53.0 |
-52.9 |
-43.4 |
-44.5 |
| Selling Price |
11.5 |
11.3 |
8.8 |
14.3 |
| Profit Margin |
-10.3 |
-12.2 |
0.0 |
0.1 |
| Overall Business Situation |
29.6 |
27.9 |
34.6 |
36.3 |
| Salary |
40.0 |
33.5 |
31.6 |
24.4 |
| Note: Please see the excel file for time series data |
| Table 1: Assessment and Expectations for Production |
| (Percentage responses)@ |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response# |
Increase |
Decrease |
No change |
Net response# |
| Q2:2017-18 |
1141 |
34.9 |
18.5 |
46.6 |
16.4 |
42.2 |
12.0 |
45.8 |
30.2 |
| Q3:2017-18 |
1299 |
36.8 |
14.7 |
48.5 |
22.0 |
43.4 |
9.1 |
47.5 |
34.3 |
| Q4:2017-18 |
1250 |
40.7 |
13.4 |
45.9 |
27.3 |
42.5 |
8.4 |
49.2 |
34.1 |
| Q1:2018-19 |
1207 |
39.4 |
14.0 |
46.6 |
25.4 |
40.4 |
11.0 |
48.6 |
29.5 |
| Q2:2018-19 |
1095 |
39.2 |
13.1 |
47.7 |
26.0 |
43.0 |
9.8 |
47.2 |
33.2 |
| Q3:2018-19 |
|
|
|
|
|
41.6 |
9.0 |
49.4 |
32.5 |
‘Increase’ in production is optimistic.
@:Due to rounding off percentage may not add up to 100.
#: Net Response (NR) is the difference of percentage of the respondents reporting optimism and that reporting pessimism. The range is -100 to 100. Any value greater than zero indicates expansion and any value less than zero indicates contraction. |
| Table 2: Assessment and Expectations for Order Books |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
31.8 |
19.7 |
48.5 |
12.1 |
39.7 |
11.7 |
48.6 |
28.0 |
| Q3:2017-18 |
1299 |
35.4 |
16.2 |
48.4 |
19.2 |
39.6 |
9.6 |
50.8 |
29.9 |
| Q4:2017-18 |
1250 |
38.9 |
14.4 |
46.6 |
24.5 |
40.5 |
10.2 |
49.2 |
30.3 |
| Q1:2018-19 |
1207 |
36.2 |
13.5 |
50.3 |
22.7 |
38.8 |
10.4 |
50.8 |
28.4 |
| Q2:2018-19 |
1095 |
37.3 |
12.8 |
49.9 |
24.5 |
38.4 |
10.8 |
50.8 |
27.7 |
| Q3:2018-19 |
|
|
|
|
|
39.6 |
9.6 |
51.8 |
28.9 |
| ‘Increase’ in order books is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 3: Assessment and Expectations for Pending Orders |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Above Normal |
Below Normal |
Normal |
Net response |
Above Normal |
Below Normal |
Normal |
Net response |
| Q2:2017-18 |
1141 |
4.2 |
17.9 |
77.9 |
13.7 |
6.5 |
12.5 |
81.0 |
6.0 |
| Q3:2017-18 |
1299 |
6.7 |
16.2 |
77.1 |
9.5 |
4.7 |
11.4 |
83.9 |
6.7 |
| Q4:2017-18 |
1250 |
4.5 |
14.8 |
80.7 |
10.3 |
6.8 |
12.5 |
80.7 |
5.7 |
| Q1:2018-19 |
1207 |
5.1 |
12.4 |
82.4 |
7.3 |
4.9 |
12.6 |
82.5 |
7.6 |
| Q2:2018-19 |
1095 |
7.2 |
13.2 |
79.7 |
6.0 |
6.3 |
10.7 |
83.0 |
4.4 |
| Q3:2018-19 |
|
|
|
|
|
7.4 |
11.0 |
81.6 |
3.6 |
| Pending orders ‘Below Normal’ is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 4: Assessment and Expectations for Capacity Utilisation (Main Product) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
22.9 |
15.8 |
61.3 |
7.1 |
27.6 |
11.3 |
61.1 |
16.3 |
| Q3:2017-18 |
1299 |
23.9 |
12.7 |
63.4 |
11.3 |
28.8 |
8.0 |
63.2 |
20.8 |
| Q4:2017-18 |
1250 |
27.4 |
12.6 |
60.0 |
14.8 |
28.4 |
8.9 |
62.7 |
19.5 |
| Q1:2018-19 |
1207 |
24.5 |
12.5 |
63.0 |
12.0 |
27.8 |
9.8 |
62.4 |
17.9 |
| Q2:2018-19 |
1095 |
24.4 |
11.9 |
63.6 |
12.5 |
29.3 |
7.7 |
63.0 |
21.6 |
| Q3:2018-19 |
|
|
|
|
|
28.3 |
7.3 |
64.4 |
21.0 |
| ‘Increase’ in capacity utilisation is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are 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 |
Expectation |
| Above Normal |
Below Normal |
Normal |
Net response |
Above Normal |
Below Normal |
Normal |
Net response |
| Q2:2017-18 |
1141 |
9.7 |
15.6 |
74.7 |
-6.0 |
9.7 |
10.8 |
79.5 |
-1.1 |
| Q3:2017-18 |
1299 |
10.3 |
14.1 |
75.6 |
-3.8 |
11.4 |
9.6 |
79.0 |
1.8 |
| Q4:2017-18 |
1250 |
12.6 |
13.5 |
73.9 |
-0.9 |
13.0 |
10.7 |
76.2 |
2.3 |
| Q1:2018-19 |
1207 |
11.0 |
12.9 |
76.1 |
-2.0 |
13.0 |
10.6 |
76.5 |
2.4 |
| Q2:2018-19 |
1095 |
11.7 |
12.3 |
76.0 |
-0.6 |
11.8 |
9.3 |
78.9 |
2.5 |
| Q3:2018-19 |
|
|
|
|
|
12.5 |
9.1 |
78.4 |
3.4 |
| ‘Above Normal’ in Level of capacity utilisation is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are 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 |
Expectation |
| More than adequate |
Less than adequate |
Adequate |
Net response |
More than adequate |
Less than adequate |
Adequate |
Net response |
| Q2:2017-18 |
1141 |
10.4 |
7.4 |
82.2 |
3.0 |
12.2 |
6.6 |
81.2 |
5.6 |
| Q3:2017-18 |
1299 |
11.8 |
7.1 |
81.2 |
4.7 |
11.1 |
6.5 |
82.4 |
4.6 |
| Q4:2017-18 |
1250 |
12.2 |
6.3 |
81.4 |
5.9 |
12.9 |
6.9 |
80.2 |
6.0 |
| Q1:2018-19 |
1207 |
10.5 |
6.6 |
82.9 |
3.9 |
13.0 |
6.0 |
81.0 |
7.0 |
| Q2:2018-19 |
1095 |
11.2 |
7.2 |
81.6 |
4.0 |
11.3 |
6.0 |
82.7 |
5.2 |
| Q3:2018-19 |
|
|
|
|
|
11.9 |
6.3 |
81.8 |
5.6 |
| ‘More than adequate’ in Assessment of Production Capacity is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 7: Assessment and Expectations for Exports |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
24.2 |
15.4 |
60.4 |
8.8 |
27.9 |
11.6 |
60.5 |
16.3 |
| Q3:2017-18 |
1299 |
22.5 |
14.7 |
62.8 |
7.8 |
27.6 |
8.6 |
63.8 |
19.0 |
| Q4:2017-18 |
1250 |
26.3 |
13.8 |
59.9 |
12.5 |
25.4 |
8.8 |
65.8 |
16.6 |
| Q1:2018-19 |
1207 |
23.6 |
14.5 |
61.8 |
9.1 |
28.4 |
9.8 |
61.8 |
18.6 |
| Q2:2018-19 |
1095 |
23.7 |
13.1 |
63.2 |
10.7 |
27.8 |
9.2 |
63.0 |
18.5 |
| Q3:2018-19 |
|
|
|
|
|
26.1 |
10.2 |
63.7 |
15.9 |
| ‘Increase’ in exports is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 8: Assessment and Expectations for Imports |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
17.1 |
8.2 |
74.7 |
8.9 |
18.6 |
7.9 |
73.5 |
10.7 |
| Q3:2017-18 |
1299 |
18.2 |
9.1 |
72.7 |
9.1 |
17.8 |
5.0 |
77.2 |
12.8 |
| Q4:2017-18 |
1250 |
19.8 |
8.7 |
71.5 |
11.0 |
19.7 |
6.2 |
74.1 |
13.5 |
| Q1:2018-19 |
1207 |
19.6 |
8.4 |
72.0 |
11.2 |
19.6 |
5.8 |
74.7 |
13.8 |
| Q2:2018-19 |
1095 |
18.3 |
8.6 |
73.1 |
9.8 |
19.1 |
5.8 |
75.1 |
13.3 |
| Q3:2018-19 |
|
|
|
|
|
19.3 |
7.1 |
73.6 |
12.2 |
| ‘Increase’ in imports is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 9: Assessment and Expectations for level of Raw Materials Inventory |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Above average |
Below average |
Average |
Net response |
Above average |
Below average |
Average |
Net response |
| Q2:2017-18 |
1141 |
13.1 |
6.2 |
80.8 |
-6.9 |
10.7 |
6.1 |
83.2 |
-4.6 |
| Q3:2017-18 |
1299 |
14.6 |
6.0 |
79.4 |
-8.6 |
10.4 |
4.3 |
85.4 |
-6.1 |
| Q4:2017-18 |
1250 |
14.0 |
5.9 |
80.2 |
-8.1 |
11.5 |
6.0 |
82.5 |
-5.5 |
| Q1:2018-19 |
1207 |
14.6 |
4.9 |
80.5 |
-9.6 |
10.8 |
5.7 |
83.5 |
-5.2 |
| Q2:2018-19 |
1095 |
14.3 |
6.1 |
79.6 |
-8.2 |
11.0 |
5.2 |
83.7 |
-5.8 |
| Q3:2018-19 |
|
|
|
|
|
11.3 |
4.6 |
84.1 |
-6.7 |
| ‘Below average’ Inventory of raw materials is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 10: Assessment and Expectations for level of Finished Goods Inventory |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Above average |
Below average |
Average |
Net response |
Above average |
Below average |
Average |
Net response |
| Q2:2017-18 |
1141 |
15.9 |
7.1 |
77.0 |
-8.8 |
11.6 |
6.0 |
82.4 |
-5.6 |
| Q3:2017-18 |
1299 |
14.5 |
6.9 |
78.6 |
-7.6 |
10.0 |
6.2 |
83.8 |
-3.8 |
| Q4:2017-18 |
1250 |
13.3 |
6.5 |
80.3 |
-6.8 |
10.9 |
6.5 |
82.6 |
-4.5 |
| Q1:2018-19 |
1207 |
12.0 |
6.3 |
81.7 |
-5.7 |
10.4 |
5.8 |
83.9 |
-4.6 |
| Q2:2018-19 |
1095 |
13.3 |
6.5 |
80.2 |
-6.9 |
9.9 |
5.0 |
85.1 |
-4.8 |
| Q3:2018-19 |
|
|
|
|
|
10.8 |
5.2 |
83.9 |
-5.6 |
| ‘Below average’ Inventory of finished goods is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 11: Assessment and Expectations for Employment Outlook |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
15.5 |
8.2 |
76.3 |
7.3 |
15.2 |
6.5 |
78.3 |
8.7 |
| Q3:2017-18 |
1299 |
15.8 |
7.4 |
76.8 |
8.4 |
15.8 |
5.3 |
78.9 |
10.4 |
| Q4:2017-18 |
1250 |
17.5 |
8.1 |
74.4 |
9.4 |
17.0 |
5.3 |
77.7 |
11.7 |
| Q1:2018-19 |
1207 |
18.1 |
7.2 |
74.6 |
10.9 |
17.7 |
6.6 |
75.7 |
11.1 |
| Q2:2018-19 |
1095 |
16.2 |
7.8 |
76.1 |
8.4 |
17.6 |
4.7 |
77.7 |
12.9 |
| Q3:2018-19 |
|
|
|
|
|
17.1 |
4.2 |
78.7 |
12.9 |
| ‘Increase’ in employment is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 12: Assessment and Expectations for Overall Financial Situation |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Better |
Worsen |
No change |
Net response |
Better |
Worsen |
No change |
Net response |
| Q2:2017-18 |
1141 |
29.0 |
13.2 |
57.7 |
15.8 |
35.6 |
7.7 |
56.6 |
27.9 |
| Q3:2017-18 |
1299 |
28.6 |
11.4 |
60.0 |
17.1 |
35.3 |
6.6 |
58.1 |
28.7 |
| Q4:2017-18 |
1250 |
31.9 |
9.5 |
58.6 |
22.4 |
35.2 |
6.6 |
58.2 |
28.6 |
| Q1:2018-19 |
1207 |
31.0 |
10.3 |
58.7 |
20.7 |
34.5 |
6.5 |
59.0 |
28.0 |
| Q2:2018-19 |
1095 |
30.0 |
11.3 |
58.7 |
18.6 |
35.1 |
7.2 |
57.6 |
27.9 |
| Q3:2018-19 |
|
|
|
|
|
34.4 |
7.5 |
58.0 |
26.9 |
| ‘Better’ overall financial situation is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 13: Assessment and Expectations for Working Capital Finance Requirement |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
29.7 |
6.3 |
64.1 |
23.4 |
29.4 |
5.7 |
65.0 |
23.7 |
| Q3:2017-18 |
1299 |
34.4 |
5.0 |
60.6 |
29.4 |
30.5 |
4.1 |
65.4 |
26.4 |
| Q4:2017-18 |
1250 |
35.5 |
5.3 |
59.2 |
30.1 |
32.4 |
3.6 |
64.0 |
28.8 |
| Q1:2018-19 |
1207 |
32.4 |
4.8 |
62.8 |
27.7 |
30.8 |
5.3 |
63.9 |
25.4 |
| Q2:2018-19 |
1095 |
30.4 |
5.5 |
64.2 |
24.9 |
30.8 |
4.5 |
64.7 |
26.3 |
| Q3:2018-19 |
|
|
|
|
|
30.6 |
4.0 |
65.4 |
26.6 |
| ‘Increase’ in working capital finance is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 14: Assessment and Expectations for Availability of Finance (from Internal Accruals) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q2:2017-18 |
1141 |
23.2 |
9.5 |
67.3 |
13.7 |
26.8 |
6.4 |
66.9 |
20.4 |
| Q3:2017-18 |
1299 |
22.2 |
8.4 |
69.3 |
13.8 |
25.8 |
5.6 |
68.6 |
20.2 |
| Q4:2017-18 |
1250 |
23.7 |
8.9 |
67.4 |
14.7 |
26.6 |
5.2 |
68.2 |
21.4 |
| Q1:2018-19 |
1207 |
24.2 |
8.2 |
67.5 |
16.0 |
25.1 |
6.9 |
67.9 |
18.2 |
| Q2:2018-19 |
1095 |
24.3 |
10.2 |
65.5 |
14.1 |
25.1 |
6.5 |
68.3 |
18.6 |
| Q3:2018-19 |
|
|
|
|
|
24.9 |
6.7 |
68.3 |
18.2 |
| ‘Improvement’ in availability of finance is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 15: Assessment and Expectations for Availability of Finance (from banks and other sources) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q2:2017-18 |
1141 |
19.8 |
6.1 |
74.1 |
13.8 |
21.5 |
4.6 |
73.9 |
17.0 |
| Q3:2017-18 |
1299 |
19.8 |
5.8 |
74.4 |
14.0 |
18.6 |
4.5 |
77.0 |
14.1 |
| Q4:2017-18 |
1250 |
18.8 |
7.0 |
74.2 |
11.9 |
20.9 |
4.4 |
74.7 |
16.5 |
| Q1:2018-19 |
1207 |
19.0 |
7.3 |
73.7 |
11.7 |
20.9 |
6.4 |
72.7 |
14.6 |
| Q2:2018-19 |
1095 |
18.7 |
6.4 |
74.9 |
12.2 |
19.9 |
5.6 |
74.4 |
14.3 |
| Q3:2018-19 |
|
|
|
|
|
19.0 |
5.9 |
75.1 |
13.1 |
| ‘Improvement’ in availability of finance is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 16: Assessment and Expectations for Availability of Finance (from overseas, if applicable) |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Improve |
Worsen |
No change |
Net response |
Improve |
Worsen |
No change |
Net response |
| Q2:2017-18 |
1141 |
8.0 |
3.0 |
89.0 |
5.0 |
10.9 |
3.9 |
85.2 |
7.0 |
| Q3:2017-18 |
1299 |
7.9 |
3.9 |
88.1 |
4.0 |
7.2 |
3.0 |
89.8 |
4.1 |
| Q4:2017-18 |
1250 |
8.0 |
4.6 |
87.4 |
3.4 |
9.2 |
2.6 |
88.2 |
6.6 |
| Q1:2018-19 |
1207 |
7.1 |
5.7 |
87.1 |
1.4 |
8.6 |
4.3 |
87.1 |
4.3 |
| Q2:2018-19 |
1095 |
9.0 |
4.0 |
87.0 |
4.9 |
9.0 |
4.6 |
86.4 |
4.4 |
| Q3:2018-19 |
|
|
|
|
|
9.5 |
4.3 |
86.2 |
5.2 |
| ‘Improvement’ in availability of finance is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 17: Assessment and Expectations for Cost of Finance |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Decrease |
Increase |
No change |
Net response |
Decrease |
Increase |
No change |
Net response |
| Q2:2017-18 |
1141 |
14.5 |
14.0 |
71.6 |
-0.5 |
14.7 |
10.9 |
74.5 |
-3.8 |
| Q3:2017-18 |
1299 |
14.5 |
11.6 |
73.9 |
-3.0 |
14.1 |
11.9 |
74.0 |
-2.2 |
| Q4:2017-18 |
1250 |
18.1 |
7.9 |
74.0 |
-10.3 |
13.9 |
9.8 |
76.3 |
-4.1 |
| Q1:2018-19 |
1207 |
25.3 |
5.4 |
69.2 |
-19.9 |
18.7 |
6.4 |
74.9 |
-12.2 |
| Q2:2018-19 |
1095 |
25.7 |
6.4 |
67.9 |
-19.3 |
24.1 |
4.8 |
71.1 |
-19.3 |
| Q3:2018-19 |
|
|
|
|
|
24.7 |
4.9 |
70.4 |
-19.8 |
| ‘Decrease’ in cost of finance is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 18: Assessment and Expectations for Cost of Raw Materials |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
46.8 |
5.0 |
48.2 |
-41.8 |
40.4 |
4.0 |
55.6 |
-36.5 |
| Q3:2017-18 |
1299 |
47.9 |
5.2 |
46.8 |
-42.7 |
37.6 |
5.7 |
56.7 |
-31.9 |
| Q4:2017-18 |
1250 |
52.8 |
3.3 |
43.9 |
-49.5 |
38.3 |
4.3 |
57.4 |
-34.0 |
| Q1:2018-19 |
1207 |
55.9 |
2.8 |
41.3 |
-53.0 |
42.7 |
3.7 |
53.6 |
-39.0 |
| Q2:2018-19 |
1095 |
55.5 |
2.6 |
41.8 |
-52.9 |
46.2 |
2.8 |
50.9 |
-43.4 |
| Q3:2018-19 |
|
|
|
|
|
46.5 |
1.9 |
51.6 |
-44.5 |
| ‘Decrease’ in cost of raw materials is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 19: Assessment and Expectations for Selling Price |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
16.1 |
16.2 |
67.6 |
-0.1 |
18.9 |
11.0 |
70.2 |
7.9 |
| Q3:2017-18 |
1299 |
17.7 |
13.2 |
69.0 |
4.5 |
17.5 |
10.6 |
71.9 |
7.0 |
| Q4:2017-18 |
1250 |
19.3 |
12.6 |
68.1 |
6.7 |
17.4 |
9.5 |
73.2 |
7.9 |
| Q1:2018-19 |
1207 |
23.0 |
11.4 |
65.6 |
11.5 |
19.2 |
8.9 |
71.9 |
10.4 |
| Q2:2018-19 |
1095 |
22.1 |
10.7 |
67.2 |
11.3 |
18.5 |
9.6 |
71.9 |
8.8 |
| Q3:2018-19 |
|
|
|
|
|
21.0 |
6.7 |
72.3 |
14.3 |
| ‘Increase’ in selling price is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 20: Assessment and Expectations for Profit Margin |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
14.5 |
28.5 |
57.1 |
-14.0 |
20.3 |
20.0 |
59.7 |
0.3 |
| Q3:2017-18 |
1299 |
15.4 |
25.4 |
59.1 |
-10.0 |
19.6 |
17.8 |
62.5 |
1.8 |
| Q4:2017-18 |
1250 |
16.2 |
26.1 |
57.7 |
-9.9 |
18.8 |
18.7 |
62.5 |
0.1 |
| Q1:2018-19 |
1207 |
15.5 |
25.8 |
58.7 |
-10.3 |
18.0 |
18.7 |
63.3 |
-0.7 |
| Q2:2018-19 |
1095 |
14.3 |
26.5 |
59.2 |
-12.2 |
18.0 |
18.0 |
64.0 |
0.0 |
| Q3:2018-19 |
|
|
|
|
|
17.1 |
17.0 |
65.9 |
0.1 |
| ‘Increase’ in profit margin is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 21: Assessment and Expectations for Overall Business Situation |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Better |
Worsen |
No change |
Net response |
Better |
Worsen |
No change |
Net response |
| Q2:2017-18 |
1141 |
31.7 |
14.4 |
53.9 |
17.3 |
42.7 |
9.0 |
48.4 |
33.7 |
| Q3:2017-18 |
1299 |
35.1 |
11.2 |
53.7 |
23.9 |
42.9 |
6.0 |
51.1 |
36.9 |
| Q4:2017-18 |
1250 |
39.2 |
9.0 |
51.8 |
30.2 |
42.5 |
6.4 |
51.2 |
36.1 |
| Q1:2018-19 |
1207 |
38.7 |
9.0 |
52.3 |
29.6 |
42.7 |
5.8 |
51.5 |
36.9 |
| Q2:2018-19 |
1095 |
38.1 |
10.3 |
51.6 |
27.9 |
40.5 |
5.9 |
53.6 |
34.6 |
| Q3:2018-19 |
|
|
|
|
|
43.3 |
7.0 |
49.8 |
36.3 |
| ‘Better’ Overall Business Situation is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 22: Assessment and Expectations for Salary/Other Remuneration |
| (Percentage responses) |
| Quarter |
Total response |
Assessment |
Expectation |
| Increase |
Decrease |
No change |
Net response |
Increase |
Decrease |
No change |
Net response |
| Q2:2017-18 |
1141 |
36.7 |
2.2 |
61.2 |
34.5 |
34.5 |
2.5 |
63.0 |
32.0 |
| Q3:2017-18 |
1299 |
29.4 |
2.2 |
68.4 |
27.2 |
25.9 |
2.0 |
72.1 |
23.9 |
| Q4:2017-18 |
1250 |
28.8 |
2.2 |
69.0 |
26.6 |
25.2 |
2.3 |
72.5 |
22.9 |
| Q1:2018-19 |
1207 |
42.0 |
2.1 |
55.9 |
40.0 |
36.8 |
1.8 |
61.3 |
35.0 |
| Q2:2018-19 |
1095 |
35.5 |
2.0 |
62.5 |
33.5 |
32.8 |
1.2 |
65.9 |
31.6 |
| Q3:2018-19 |
|
|
|
|
|
25.6 |
1.2 |
73.2 |
24.4 |
| ‘Increase in Salary / other remuneration’ is optimistic. Footnotes ‘@’ and ‘#’ given in Table 1 are applicable here. |
| Table 23: Business Expectations Index (BEI) |
| Quarter |
BEI-Assessment Quarter |
BEI-Expectation Quarter |
| Q2:2017-18 |
103.7 |
113.3 |
| Q3:2017-18 |
109.8 |
115.0 |
| Q4:2017-18 |
112.4 |
115.8 |
| Q1:2018-19 |
108.4 |
114.6 |
| Q2:2018-19 |
110.0 |
114.1 |
| Q3:2018-19 |
|
115.0 |
|
