The IHS Markit India Composite PMI increased to 46 in August of 2020 from 37.2 in the previous month, signaling a fifth consecutive decline in private sector business activity. The latest figure was indicative of the slowest pace of contraction in the current period of decline, however.

Composite Pmi in India averaged 50.42 points from 2013 until 2020, reaching an all time high of 57.60 points in February 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 2020. source: Markit Economics

Composite Pmi in India is expected to be 52.50 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 52.30 in 12 months time. In the long-term, the India Composite Pmi is projected to trend around 52.50 points in 2021, according to our econometric models.

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India Composite Pmi

Actual Previous Highest Lowest Dates Unit Frequency
46.00 37.20 57.60 7.20 2013 - 2020 points Monthly
SA

India Business Last Previous Highest Lowest Unit
Business Confidence 99.50 108.80 127.50 96.40 points [+]
Services PMI 41.80 34.20 57.50 5.40 points [+]
Manufacturing PMI 52.00 46.00 55.30 27.40 points [+]
Industrial Production -10.40 -15.80 19.90 -57.30 percent [+]
Industrial Production Mom 8.40 21.70 65.70 -53.90 percent [+]
Manufacturing Production -11.10 -16.00 24.30 -66.60 percent [+]
Changes in Inventories 533.36 704.45 731.25 184.29 INR Billion [+]
Car Production 152604.00 137946.00 292861.00 7277.00 Units [+]
Car Registrations 157761.00 134322.00 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 [+]
Total Vehicle Sales 1048263.00 1646332.00 2584096.00 12914.00 units [+]
Steel Production 7150.00 6917.00 10042.00 0.00 Thousand Tonnes [+]
Mining Production -13.00 -19.60 13.00 -26.90 percent [+]
Capacity Utilization 68.60 69.10 83.20 68.60 percent [+]
Competitiveness Index 61.36 62.02 62.02 4.20 Points [+]
Competitiveness Rank 68.00 58.00 71.00 42.00 [+]
Composite Pmi 46.00 37.20 57.60 7.20 points [+]
Cement Production 24247.00 26337.00 33124.00 4077.00 Thousands of Tonnes [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 356100.00 266308.00 356100.00 27666.00 Gigawatt-hour [+]
Deposit Growth 11.00 11.10 29.30 2.70 percent [+]
Corruption Index 41.00 41.00 41.00 26.30 Points [+]
Corruption Rank 80.00 78.00 95.00 35.00 [+]


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. .