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

The Nikkei Services PMI in India dropped to 49.6 in May of 2018 from 51.4 in the previous month and marking the first month of contraction in the sector since February. New orders broadly stagnated while jobs growth slowed to the weakest since last December. On the price front, input cost inflation picked up from April’s recent low. That said, service providers were restricted in their ability to fully pass on higher cost burdens to clients. Meanwhile, confidence hit its strongest since January 2015. 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 51.20 51.60 55.00 47.90 [+]
Services PMI 49.60 51.40 57.50 44.60 Index Points [+]
Industrial Production 4.90 4.60 20.00 -7.20 percent [+]
Industrial Production Mom -11.70 9.30 14.90 -14.10 percent [+]
Manufacturing Production 5.20 4.70 24.30 -9.10 percent [+]
Changes in Inventories 258.73 229.35 731.25 184.29 INR Billion [+]
Car Production 264579.00 248696.00 292861.00 7277.00 Units [+]
Car Registrations 264308.00 256459.00 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 5.10 3.10 13.00 -17.50 percent [+]
Steel Production 8692.00 9227.00 9227.00 713.00 Thousand Tonnes [+]
Cement Production 27265.00 28473.00 28473.00 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 50.40 51.90 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 June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
49.60 51.40 57.50 44.60 2012 - 2018 Index Points Monthly




services pmi by Country
Country Last
Australia 59.00 May/18
Brazil 49.50 May/18
China 52.90 May/18
Euro Area 55.00 Jun/18
France 56.40 Jun/18
Germany 53.90 Jun/18
India 49.60 May/18
Italy 53.10 May/18
Japan 51.00 May/18
Russia 54.10 May/18
Spain 56.40 May/18
United Kingdom 54.00 May/18
United States 56.50 Jun/18


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