India car registrations

India’s car registrations decreased to 129012.0 by -14.0% on December 2023 from 149466.0 in the previous month. On a year on year basis India’s car registrations decreased by -19.0%. India’s car registrations trend is down since the current value of 129012.0 is lower than the 12 month moving average of 165280.0. and the 12 month moving average slope is down.India’s car registrations 1-year percentile is currently at 8.0 5-year percentile is currently at 23.0%. MacroVar monitors the factors of Momentum, Trend for India car registrations.
A detailed analysis can be found here