The Composite PMI in India increased to 55.4 points in August 2021 from 49.2 points in the previous month, pointing to a renewed increase in private sector activity, ending a three-month period of downturn. Meanwhile, services firms outperformed manufacturers for the first time in over three years. Aggregate new orders rose, after declining in each of the previous three months, with growth softened noticeably among goods producers, while services firms noted the first expansion in sales for four months. At the same time, employment dropped further, but the pace of contraction eased to the slowest in 17 months. On the price front, input price inflation accelerated, while output price inflation eased to the slowest since March. source: Markit Economics

Composite PMI in India averaged 50.82 points from 2013 until 2021, reaching an all time high of 58 points in October of 2020 and a record low of 7.20 points in April of 2020. This page provides - India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Composite PMI - values, historical data and charts - was last updated on September of 2021.

Composite PMI in India is expected to be 49.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in India to stand at 52.00 in 12 months time. In the long-term, the India Composite PMI is projected to trend around 51.10 points in 2022 and 51.50 points in 2023, according to our econometric models.

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India Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
55.40 49.20 58.00 7.20 2013 - 2021 points Monthly
SA

India Business Last Previous Highest Lowest Unit
Business Confidence 114.10 111.40 127.50 96.40 points [+]
Manufacturing PMI 52.30 55.30 58.90 27.40 points [+]
Services PMI 56.70 45.40 57.50 5.40 points [+]
Industrial Production 11.50 13.60 133.50 -57.30 percent [+]
Industrial Production Mom 7.20 5.70 67.00 -53.90 percent [+]
Manufacturing Production 10.50 13.00 196.00 -66.60 percent [+]
Changes in Inventories 0.39 462.38 731.25 0.39 INR Billion [+]
Car Production 185711.00 178077.00 292861.00 7277.00 Units [+]
Car Registrations 175321.00 166118.00 304900.00 2753.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production 19.50 23.10 36.50 -26.90 percent [+]
Steel Production 9800.00 9400.00 10042.00 0.00 Thousand Tonnes [+]
Total Vehicle Sales 232224.00 264442.00 323443.00 44163.00 Units [+]
Cement Production 24222.00 29391.00 33124.00 4305.00 Thousands of Tonnes [+]
Capacity Utilization 66.60 63.30 83.20 47.30 percent [+]
Competitiveness Index 61.36 62.02 62.02 4.20 Points [+]
Competitiveness Rank 68.00 58.00 71.00 42.00 [+]
Composite PMI 55.40 49.20 58.00 7.20 points [+]
Corruption Index 40.00 41.00 41.00 26.30 Points [+]
Corruption Rank 86.00 80.00 95.00 35.00 [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 106459.60 103832.70 340578.60 27666.00 Gigawatt-hour [+]
Deposit Growth 9.50 10.60 29.30 2.70 percent [+]


India Composite PMI
In India, the Nikkei India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. .