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

The Nikkei Services PMI in India came in at 47.5 in August of 2017 from 45.9 in the preceding month. It was the second straight month of contraction in services activity as the sector was impacted by the goods and services tax (GST) introduced in July. While new orders contracted less than in a month earlier, employment fell for the second month in a row. Meantime, backlogs were accumulated. A slightly faster rise in cost burdens was registered, whereas output charge inflation softened from July’s recent peak. Companies remained optimistic towards growth prospects, though overall sentiment fell. 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 [+]
Services PMI 47.50 45.90 57.50 44.60 Index Points [+]
Manufacturing PMI 51.20 47.90 55.00 47.90 [+]
Industrial Production 1.20 -0.20 20.00 -7.20 percent [+]
Industrial Production Mom -1.10 -4.20 14.90 -14.10 percent [+]
Manufacturing Production 0.10 -0.50 24.30 -9.10 percent [+]
Changes in Inventories 739.79 768.62 768.62 184.29 INR Billion [+]
Car Production 257605.00 249639.00 292861.00 7277.00 Units [+]
Car Registrations 261052.00 263294.00 304900.00 6508.00 Cars [+]
Cement Production 22704.00 24591.00 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 49.00 46.00 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 8362.00 7950.00 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 September of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
47.50 45.90 57.50 44.60 2012 - 2017 Index Points Monthly




services pmi by Country

Last
Australia 53.00 Aug/17
Brazil 49.00 Aug/17
China 52.70 Aug/17
Euro Area 54.70 Aug/17
France 54.90 Aug/17
Germany 53.50 Aug/17
India 47.50 Aug/17
Italy 55.10 Aug/17
Japan 51.60 Aug/17
Russia 54.20 Aug/17
Spain 56.00 Aug/17
United Kingdom 53.20 Aug/17
United States 56.00 Aug/17