India Services PMI  2012-2018 | Data | Chart | Calendar | Forecast | News

The Nikkei Services PMI in India surged to 50.3 in March of 2018 from 47.8 in a month earlier. New business returned to growth and employment grew the most since June 2011. Also, sentiment reached its highest since July 2017, when the goods and services tax implemented. Meantime, outstanding business went up the most since last October. On the price front, input cost inflation was marked but softened from February’s three-month high. Subsequently, output charge inflation eased to the weakest in 2018 so far. 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 59.70 58.30 71.80 45.70 Index Points [+]
Manufacturing PMI 51.00 52.10 55.00 47.90 [+]
Services PMI 50.30 47.80 57.50 44.60 Index Points [+]
Industrial Production 7.10 7.40 20.00 -7.20 percent [+]
Industrial Production Mom -3.40 1.50 14.90 -14.10 percent [+]
Manufacturing Production 8.70 8.60 24.30 -9.10 percent [+]
Changes in Inventories 228.82 236.56 768.62 184.29 INR Billion [+]
Car Production 260805.00 255196.00 292861.00 7277.00 Units [+]
Car Registrations 263487.00 242411.00 304900.00 6508.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production -0.30 0.20 13.00 -17.50 percent [+]
Steel Production 8434.00 9028.00 9028.00 713.00 Thousand Tonnes [+]
Cement Production 26374.00 27151.00 27151.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 4.59 4.52 4.59 4.20 Points [+]
Competitiveness Rank 40.00 39.00 71.00 39.00 [+]
Composite Pmi 50.80 49.70 55.40 46.00 [+]
Corruption Index 40.00 40.00 40.00 26.30 Points [+]
Corruption Rank 81.00 79.00 95.00 35.00 [+]
Ease of Doing Business 100.00 130.00 139.00 100.00 [+]


India Services PMI

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 April of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 47.80 57.50 44.60 2012 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 56.90 Mar/18
Brazil 50.40 Mar/18
China 52.30 Mar/18
Euro Area 55.00 Apr/18
France 57.40 Apr/18
Germany 54.10 Apr/18
India 50.30 Mar/18
Italy 52.60 Mar/18
Japan 50.90 Mar/18
Russia 53.70 Mar/18
Spain 56.20 Mar/18
United Kingdom 51.70 Mar/18
United States 54.40 Apr/18


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