Industrial Outlook Survey - Q4:2015-16 (Round 73) - RBI - Reserve Bank of India
Industrial Outlook Survey - Q4:2015-16 (Round 73)
The Industrial Outlook Survey conducted during January-March 2016 (Round 731), provides qualitative assessment of business situation of companies in the Indian manufacturing sector for Q4:2015-16 and their expectations for the ensuing quarter Q1:2016-17. The survey elicited response from 1,342 manufacturing companies. Highlights:
![]() Assessment Quarter (Q4:2015-16)
Expectation Quarter (Q1:2016-17)
1The 72nd round (Q3:2015-16) survey results were released on January 15, 2016 on the RBI website. The survey results are those of the respondents and are not necessarily shared by the Reserve Bank of India. 2Net 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/optimism and any value less than zero indicates contraction/pessimism i.e., NR = (I – D); where, I is the percentage response of ‘Increase/optimism’, and D is the percentage response of ‘Decrease/pessimism’ and E is the percentage response as ‘no change/Equal’; I+D+E=100. For example, increase in production is optimism whereas decrease in cost of raw material is optimism. 3The Business Expectation Index (BEI) is a composite indicator calculated as weighted (share of GVA of different industry group) net response of nine business indicators. The nine indicators considered for computation of BEI are: (1) overall business situation, (2) production, (3) order books, (4) inventory of raw material, (5) inventory of finished goods, (6) profit margin, (7) employment, (8) exports and (9) capacity utilisation. It gives a single snapshot of business outlook in every quarter. BEI lies between 0 to 200, and 100 is the threshold separating expansion from contraction. |