Indian Economic Momentum is likely to remain on track next 3 to 6 months!

The dashboard on Indian Economic Momentum presents key indicators that highlight the current economic landscape based on Lead and Lag indicators:

- **Consumer Price Index (CPI)**: There has been a recent uptick to 3.4% in March 2026.

- **Trade Data**: The trade deficit has narrowed to $21 billion in March, although projections indicate a potential widening due to oil volatility.

- **GST Collections**: A significant milestone has been reached with gross revenue of ₹2.0 lakh crore.

- **PMI (Manufacturing & Services)**: Recent moderation has been observed, influenced by Middle East geopolitics and the ongoing repercussions of the Ukraine war on Russian oil.

- **IIP & Core Industry**: Trends in industrial production growth are being tracked.

These indicators collectively provide a comprehensive view of the economic momentum in India.