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

The Nikkei Services PMI in India jumped to 50.7 in September of 2017 from 47.5 in the preceding month. It was the first expansion in services sector since June after the sector was impacted by the goods and services tax (GST) introduced in July. Output and new orders increased for the first time in three months while employment grew the most since June 2011. Meantime, business sentiment softened to its three-month low, mirroring the trend observed for the private sector. Input cost inflation accelerated, which panelists linked with higher prices for fuel, stationary items and vegetables. Output charges rose at the weakest rate since June. 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 64.10 56.50 71.80 45.70 [+]
Manufacturing PMI 51.20 51.20 55.00 47.90 [+]
Services PMI 50.70 47.50 57.50 44.60 Index Points [+]
Industrial Production 4.30 0.90 20.00 -7.20 percent [+]
Industrial Production Mom -1.10 -4.20 14.90 -14.10 percent [+]
Manufacturing Production 3.10 -0.30 24.30 -9.10 percent [+]
Changes in Inventories 739.79 768.62 768.62 184.29 INR Billion [+]
Car Production 256077.00 257605.00 292861.00 7277.00 Units [+]
Car Registrations 276925.00 261052.00 304900.00 6508.00 Cars [+]
Cement Production 21993.00 22704.00 26821.00 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 51.10 49.00 55.40 46.00 [+]
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 8474.00 8362.00 9000.00 713.00 Thousand Tonnes [+]
Mining Production 4.80 0.40 13.00 -17.50 percent [+]
Mni Business Sentiment 66.00 62.80 71.20 47.50 [+]


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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
50.70 47.50 57.50 44.60 2012 - 2017 Index Points Monthly




services pmi by Country

Last
Australia 52.10 Sep/17
Brazil 50.70 Sep/17
China 50.60 Sep/17
Euro Area 55.80 Sep/17
France 57.00 Sep/17
Germany 55.60 Sep/17
India 50.70 Sep/17
Italy 53.20 Sep/17
Japan 51.00 Sep/17
Russia 55.20 Sep/17
Spain 56.70 Sep/17
United Kingdom 53.60 Sep/17
United States 55.30 Sep/17