The Nikkei India Services PMI increased to 52.2 in October of 2018 from a four-month low of 50.9 in the preceding month. New business grew the most since July, employment expanded at the fastest pace since March 2011 and backlog of works went up the most in six months. On the price front, cost inflationary pressures eased, resulting in a softer increase in selling prices. Business sentiment remained positive supported by expectations of greater inbound tourism, marketing strategies and investment plans but it was hampered by political uncertainty. 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 64.90 60.10 71.80 45.70 Index Points [+]
Manufacturing PMI 53.10 52.20 55.00 47.90 [+]
Services PMI 52.20 50.90 57.50 44.60 Index Points [+]
Industrial Production 4.50 4.70 19.90 -7.20 percent [+]
Industrial Production Mom 0.60 1.70 14.80 -14.20 percent [+]
Manufacturing Production 4.60 5.10 24.30 -9.10 percent [+]
Changes in Inventories 237.18 258.73 731.25 184.29 INR Billion [+]
Car Production 251411.00 274005.00 292861.00 7277.00 Units [+]
Car Registrations 263059.00 261146.00 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 0.20 -0.50 13.00 -17.50 percent [+]
Steel Production 8520.00 8839.00 9227.00 713.00 Thousand Tonnes [+]
Cement Production 25625.00 25657.00 28579.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 62.02 60.83 62.02 4.20 Points [+]
Competitiveness Rank 58.00 63.00 71.00 42.00 [+]
Composite Pmi 53.00 51.60 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 77.00 100.00 139.00 77.00 [+]


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 November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
52.20 50.90 57.50 44.60 2012 - 2018 Index Points Monthly




Country Last
Australia 51.10 Oct/18
Brazil 50.50 Oct/18
China 50.80 Oct/18
Euro Area 53.70 Oct/18
France 55.30 Oct/18
Germany 54.70 Oct/18
India 52.20 Oct/18
Italy 49.20 Oct/18
Japan 52.40 Oct/18
Russia 56.90 Oct/18
Spain 54.00 Oct/18
United Kingdom 52.20 Oct/18
United States 54.80 Oct/18


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