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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IndiaIndia Passenger Vehicles Sales MoM fell to 3.2 in December 2023
FMPMonthlyReleased January 2024
India Passenger Vehicles Sales MoM fell to 3.2 in December 2023, released January 2024, down 1.1 from November's 4.3 reading.
Latest Release
3.200000
Actual
—
Consensus
4.300000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/INR | ▼ Inverse | −0.50 | FOREX | Bullish INR | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
The January 2024 reading fell from the previous value of 4.3. Historically, this indicator is negatively correlated with USD/INR (Bullish INR) and positively correlated with XAU/USD (Watch).
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Passenger Vehicles Sales MoM - IN
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