PMI

Purchase mangers index is used to understand the economic

trends on the basis of the analysis of manufacturing and services
sector.
COMPARATIVE ANALYSIS REPORT FOR PMI

Qtr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr
20 20 20 19 19 19 19 19 19 19 19 19
Growth 51.8 54.5 55.3 52.7 51.2 50.6 51.4 51.4 52.5 52.1 52.7 51.8
Rate %

FY20 – MAR 20 Vs FEB 20 : A sudden shortfall can be seen over

here, due to the cause of the pandemic that made every
industries to shut down its operations

FY20 FEB 20 Vs JAN 20 : A slight change was only

experienced as the virus was not that much spread across the
globe as of nowadays

FY20 – JAN 20 Vs DEC 20 : December had a shortfall due to the

rise in number of deaths in China which was deemed to be the
largest manufacturer and exporter
 FY20 DEC 19 Vs NOV 19 : It was hard for many countries to
export things and deal in with further retails and manufacturing

FY20 NOV 19 Vs OCT 19 : There was only a slight variation due

to the hardships in imports and exports

FY 20 OCT 19 Vs SEP 19 : Till September it can be witnessed a

smooth going rate of manufacturing and exporting

Forecast changes in PMI FY 21 Q1: 50.2% Economic growth is

likely to plummet to a multi-decade low of 1.6 per cent in
fiscal year 2020-21 due to COVID-19 pandemic and
ensuing measures like lockdowns and social distancing.

IIP

Index of industrial production was created on the basis of various

industries and analyse its growth in India.

COMPARATIVE ANALYSIS REPORT FOR IIP

 Qtr Mar Feb Jan Dec Nov Oct Sep Aug Jul Jun May Apr
20 20 20 19 19 19 19 19 19 19 19 19
Growth 4.1 4.5 2.1 0.1 2.1 -6.6 -4.6 -1.4 4.9 1.3 4.5 3.2
Rate

FY20 – MAR 20 Vs FEB 20 : A sudden increase in the service

sectors and IT industries was experienced due to the pandemic

FY20 FEB 20 Vs JAN 20 : At the beginning it was low due to

the less utilization of the above said factors

FY20 – JAN 20 Vs DEC 20 : Similarly by comparing both January

started to encounter a better growth

FY20 DEC 19 Vs NOV 19 : During November it made all of it

huge imports from China and was good enough to attain a better
growth

FY20 NOV 19 Vs OCT 19 : October has witnessed a severe

downfall due to the ongoing depression period in most of the
major economies of the world

FY 20 OCT 19 Vs SEP 19 : It was witnessing an ongoing

depression period due to the lack of minerals and services’ import
and export to the neighboring countries
 Forecast changes in IIP FY 21 Q1: 4.3% because due to the
recovering strata Covid-19 met by many countries which directly
deals in with the trade and services of India