आज रिज़र्व बैंक ने जुलाई–सितंबर 2019 में औद्योगिक आउटलुक सर्वेक्षण (आइओएस) के 87वें चक्र के परिणाम जारी किए। इस सर्वेक्षण में क्यू2:2019-20 के लिए भारत के विनिर्माण क्षेत्र में कंपनियों द्वारा कारोबारी परिस्थिति के गुणात्मक मूल्यांकन और क्यू3:2019-201 के लिए उनकी प्रत्याशाओं को समाहित किया गया है। सर्वेक्षण के इस चक्र में 481 कंपनियों से प्रत्युत्तर प्राप्त किए गए। विशेष:
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उत्तरदाताओं के मूल्यांकन में ऑर्डर इनफ्लो, आउटपुट और रोजगार की स्थिति क्यू2:2019-20 में मंदी रही।
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क्यू2:2019-20 के लिए निर्यात और आयात पर उनकी आशावादिता कम होती पाई गई।
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क्यू2:2019-20 में समग्र वित्तीय स्थिति अर्थात आंतरिक जमा, बैंक वित्त और विदेशी स्रोतों से वित्त की उपलब्धता के संबंध में भावनाऔं का प्रदर्शन न्यून आशावादिता दर्शा रहा था।
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क्यू2:2019-20 में उधार राशियों के लिए ब्याज भुगतान, कच्ची सामग्री का क्रय, और वेतन व्यय के कारण लागत व्यय में कमी होना मूल्यांकित किया गया हैपरंतु कमजोर मांग और नकारात्मक भावनाओं के मद्देनज़र निर्माताओं को बिक्री कीमतों के लाभ मार्जिन को लेकर निराशा थी।
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उत्तरदाताओं ने मांग के पैरामीटर्स यथा-उत्पादन, ऑर्डर बुक्स, रोज़गार और निर्यातों के संबंध में क्यू3:2019-20 में आधी-अधूरी आशावादिता व्यक्त की।
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वित्त की उपलब्धता पर मूक भावनाओं के चलते समग्र वित्तीय स्थिति पर आशावादिता में कमी थी।
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बिक्री मूल्य में आशावादिता की कमी और कच्ची सामग्रियों की कीमतों में मामूली बढ़त को देखते हुए विनिर्माणकर्ताओं को क्यू3:2019-20 में लाऊ मार्जिन में कमी रहने की उम्मीद है।
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कारोबार प्रत्याशा सूचकांक (बीईआई) क्यू2:2019-20 में 112.8 से घटकर क्यू3:2019-20 में 102.2 पर आ गया।
Summary Table
Net responses3 |
| (per cent) |
| Parameters |
Assessment period |
Expectations period |
| Q1:2019-20 |
Q2:2019-20 |
Q2:2019-20 |
Q3:2019-20 |
| Production |
23.0 |
-1.9 |
29.1 |
13.9 |
| Order Books |
18.8 |
-2.8 |
20.5 |
13.9 |
| Pending Orders |
9.6 |
21.0 |
-6.7 |
14.4 |
| Capacity Utilisation |
9.4 |
-9.0 |
13.9 |
4.4 |
| Exports |
13.1 |
0.0 |
15.8 |
7.3 |
| Imports |
9.9 |
1.5 |
11.1 |
6.4 |
| Employment |
8.6 |
-0.9 |
10.9 |
0.7 |
| Financial Situation (Overall) |
21.1 |
-1.1 |
28.3 |
15.8 |
| Availability of Finance (from internal accruals) |
16.0 |
6.9 |
17.3 |
13.2 |
| Availability of Finance (from banks and other sources) |
11.9 |
4.3 |
13.0 |
12.7 |
| Availability of Finance (from overseas, if applicable) |
4.3 |
2.8 |
9.6 |
5.1 |
| Cost of Finance |
-17.6 |
-13.1 |
-15.4 |
-10.0 |
| Cost of Raw Materials |
-43.3 |
-35.3 |
-27.6 |
-30.8 |
| Salary/ Other Remuneration |
-37.2 |
-36.0 |
-33.7 |
-23.2 |
| Selling Price |
6.6 |
-7.6 |
7.1 |
4.6 |
| Profit Margin |
-8.0 |
-22.6 |
7.4 |
-8.5 |
| Overall Business Situation |
24.6 |
-0.8 |
35.2 |
21.7 |
| 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 |
| 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 |
481 |
26.5 |
28.4 |
45.2 |
-1.9 |
40.1 |
11.0 |
48.9 |
29.1 |
| Q3:2019-20 |
|
|
|
|
|
34.8 |
21.0 |
44.2 |
13.9 |
‘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 |
| 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 |
481 |
27.4 |
30.2 |
42.5 |
-2.8 |
31.6 |
11.1 |
57.3 |
20.5 |
| Q3:2019-20 |
|
|
|
|
|
34.3 |
20.4 |
45.3 |
13.9 |
| ‘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 |
| 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 |
481 |
4.5 |
25.5 |
70.0 |
21.0 |
16.1 |
9.4 |
74.5 |
-6.7 |
| Q3:2019-20 |
|
|
|
|
|
3.9 |
18.3 |
77.8 |
14.4 |
| 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 |
| 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 |
481 |
15.9 |
24.9 |
59.2 |
-9.0 |
23.1 |
9.2 |
67.7 |
13.9 |
| Q3:2019-20 |
|
|
|
|
|
24.4 |
20.0 |
55.6 |
4.4 |
| ‘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 |
| 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 |
481 |
8.1 |
26.6 |
65.3 |
-18.6 |
9.2 |
8.8 |
82.0 |
0.3 |
| Q3:2019-20 |
|
|
|
|
|
9.3 |
21.7 |
69.0 |
-12.4 |
| ‘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 |
| 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 |
481 |
15.1 |
14.2 |
70.7 |
0.9 |
13.5 |
6.9 |
79.6 |
6.6 |
| Q3:2019-20 |
|
|
|
|
|
15.3 |
12.4 |
72.2 |
2.9 |
| ‘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 |
| 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 |
481 |
21.3 |
21.3 |
57.5 |
0.0 |
24.0 |
8.2 |
67.8 |
15.8 |
| Q3:2019-20 |
|
|
|
|
|
24.3 |
17.0 |
58.7 |
7.3 |
| ‘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 |
| 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 |
481 |
16.0 |
14.5 |
69.6 |
1.5 |
18.4 |
7.4 |
74.2 |
11.1 |
| Q3:2019-20 |
|
|
|
|
|
18.1 |
11.7 |
70.2 |
6.4 |
| ‘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 |
| 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 |
481 |
17.1 |
8.4 |
74.5 |
-8.6 |
11.8 |
4.2 |
84.0 |
-7.7 |
| Q3:2019-20 |
|
|
|
|
|
13.2 |
6.6 |
80.3 |
-6.6 |
| ‘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 |
| 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 |
481 |
22.5 |
8.0 |
69.5 |
-14.5 |
13.0 |
6.0 |
81.0 |
-7.0 |
| Q3:2019-20 |
|
|
|
|
|
15.7 |
5.0 |
79.3 |
-10.7 |
| ‘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 |
| 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 |
481 |
13.4 |
14.2 |
72.4 |
-0.9 |
16.6 |
5.7 |
77.7 |
10.9 |
| Q3:2019-20 |
|
|
|
|
|
12.1 |
11.4 |
76.5 |
0.7 |
| ‘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 |
| 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 |
481 |
21.2 |
22.2 |
56.6 |
-1.1 |
34.3 |
6.1 |
59.6 |
28.3 |
| Q3:2019-20 |
|
|
|
|
|
30.6 |
14.8 |
54.7 |
15.8 |
| ‘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 |
| 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 |
481 |
28.4 |
10.7 |
60.9 |
17.7 |
27.7 |
5.5 |
66.8 |
22.1 |
| Q3:2019-20 |
|
|
|
|
|
29.3 |
5.5 |
65.3 |
23.8 |
| ‘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 |
| 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 |
481 |
19.6 |
12.7 |
67.7 |
6.9 |
23.0 |
5.7 |
71.3 |
17.3 |
| Q3:2019-20 |
|
|
|
|
|
21.4 |
8.1 |
70.5 |
13.2 |
| ‘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 |
| 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 |
481 |
14.3 |
10.0 |
75.8 |
4.3 |
17.4 |
4.4 |
78.2 |
13.0 |
| Q3:2019-20 |
|
|
|
|
|
18.7 |
6.0 |
75.3 |
12.7 |
| ‘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 |
| 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 |
481 |
6.9 |
4.1 |
89.1 |
2.8 |
13.1 |
3.5 |
83.5 |
9.6 |
| Q3:2019-20 |
|
|
|
|
|
9.2 |
4.1 |
86.7 |
5.1 |
| ‘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 |
| 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 |
481 |
21.3 |
8.1 |
70.6 |
-13.1 |
22.5 |
7.1 |
70.4 |
-15.4 |
| Q3:2019-20 |
|
|
|
|
|
18.5 |
8.4 |
73.1 |
-10.0 |
| ‘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 |
| 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 |
481 |
42.4 |
7.1 |
50.5 |
-35.3 |
31.4 |
3.8 |
64.8 |
-27.6 |
| Q3:2019-20 |
|
|
|
|
|
37.0 |
6.2 |
56.8 |
-30.8 |
| ‘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 |
| 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 |
481 |
38.6 |
2.6 |
58.8 |
-36.0 |
34.5 |
0.9 |
64.6 |
-33.7 |
| Q3:2019-20 |
|
|
|
|
|
25.0 |
1.8 |
73.2 |
-23.2 |
| ‘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 |
| 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 |
481 |
13.8 |
21.4 |
64.8 |
-7.6 |
15.5 |
8.4 |
76.1 |
7.1 |
| Q3:2019-20 |
|
|
|
|
|
18.6 |
14.0 |
67.3 |
4.6 |
| ‘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 |
| 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 |
481 |
13.5 |
36.1 |
50.4 |
-22.6 |
21.9 |
14.5 |
63.6 |
7.4 |
| Q3:2019-20 |
|
|
|
|
|
17.6 |
26.1 |
56.3 |
-8.5 |
| ‘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 |
| 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 |
481 |
24.5 |
25.4 |
50.1 |
-0.8 |
41.1 |
6.0 |
52.9 |
35.2 |
| Q3:2019-20 |
|
|
|
|
|
37.3 |
15.6 |
47.1 |
21.7 |
| ‘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) |
| 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 |
92.5 |
112.8 |
| Q3:2019-20 |
|
102.2 |
|
