India Services PMI  2012-2017 | Data | Chart | Calendar | Forecast | News

The Nikkei Services PMI in India fell to 50.2 in April of 2017 from 51.5 in March. It was the third straight month of growth in services sector but the weakest since January, due to a slowdown in new business and employment while business expectations softened. Meanwhile, backlogs of work increased slightly, extending the current period of accumulation to 11 months. On the price front, average input cost inflation slowed from March’s nine-month high amid reports of lower fuel prices partly offsetting higher transport costs arising from lorry strikes. Conversely, the rate of charge inflation accelerated. Services PMI in India averaged 51.43 Index Points from 2012 until 2017, reaching an all time high of 57.50 Index Points in January of 2013 and a record low of 44.60 Index Points in September of 2013. Services PMI in India is reported by Markit Economics.

India Services PMI
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India Business Last Previous Highest Lowest Unit
Business Confidence 57.20 54.10 71.80 45.70 [+]
Services PMI 50.20 51.50 57.50 44.60 Index Points [+]
Manufacturing PMI 52.50 52.50 55.00 48.50 [+]
Industrial Production 2.70 1.90 20.00 -7.20 percent [+]
Industrial Production Mom 3.90 4.70 14.94 -14.26 percent [+]
Manufacturing Production 1.20 1.40 24.30 -9.10 percent [+]
Changes in Inventories 730.70 760.13 769.70 184.29 INR Billion [+]
Car Production 237117.00 269371.00 292861.00 7277.00 Units [+]
Car Registrations 254290.00 262735.00 304900.00 6508.00 Cars [+]
Cement Production 25208.00 21454.00 26821.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 4.52 4.31 4.52 4.20 Points [+]
Competitiveness Rank 39.00 55.00 71.00 39.00 [+]
Composite Pmi 51.30 52.30 55.40 47.60 [+]
Corruption Index 40.00 38.00 40.00 26.30 Points [+]
Corruption Rank 79.00 76.00 95.00 35.00 [+]
Ease of Doing Business 130.00 131.00 139.00 130.00 [+]
Steel Production 8065.00 9000.00 9000.00 713.00 Thousand Tonnes [+]
Mining Production 9.70 4.60 13.00 -7.70 percent [+]
Mni Business Sentiment 66.00 62.80 71.20 47.50 [+]


India Services PMI Notes

The Nikkei India Services PMI (Purchasing Managers' Index) is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 350 private service sector companies. The index tracks variables such as sales, employment, inventories and prices. A reading above 50 indicates that the services sector is generally expanding; below 50 indicates that it is generally declining. This page provides the latest reported value for - India Services PMI - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Services PMI - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
50.20 51.50 57.50 44.60 2012 - 2017 Index Points Monthly



services pmi by Country

Last
Australia 53.00 Apr/17
Brazil 50.30 Apr/17
China 51.50 Apr/17
Euro Area 56.20 May/17
France 58.00 May/17
Germany 55.20 May/17
India 50.20 Apr/17
Italy 56.20 Apr/17
Japan 52.20 Apr/17
Russia 56.10 Apr/17
Spain 57.80 Apr/17
United Kingdom 55.80 Apr/17
United States 54.00 May/17