RBI launches quarterly survey on order books of manufacturing sector

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RBI launches quarterly survey on order books of manufacturing sector - Business Standard

Quick Summary:

The Reserve Bank of India (RBI) on Friday announced the launch of quarterly "order books, inventories and capacity utilisation" survey of companies in the manufacturing sector -- a key input it uses to formulate the monetary policy.

The information collected in the survey includes quantitative data on new orders received during the reference quarter (April-June 2024), backlog of orders at the beginning of the quarter, pending orders at the end of the quarter, total inventories with a breakup between ? nished goods, work-in-progress and raw material inventories at the end of the quarter.

The RBI has been conducting the order books, inventories and capacity utilisation survey (OBICUS) of the manufacturing sector on a quarterly basis since 2008.