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

The Nikkei Services PMI in India slumped to 48.5 in November of 2017 from 51.7 in the preceding month. It was the first contraction in services activity since August as July’s good and services tax (GST) continued to affect businesses. New orders declined while employment growth eased from September's recent high. At the same time, input cost inflation accelerated to the fastest since October 2013 while charge inflation quickened to the strongest sinceJuly. Firms were unable to fully pass on higher cost burdens to price-sensitive clients. Meantime, confidence hit its highest in four months. 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 52.60 50.30 55.00 47.90 [+]
Services PMI 48.50 51.70 57.50 44.60 Index Points [+]
Industrial Production 3.80 4.50 20.00 -7.20 percent [+]
Industrial Production Mom -1.10 -4.20 14.90 -14.10 percent [+]
Manufacturing Production 3.40 3.40 24.30 -9.10 percent [+]
Changes in Inventories 770.00 739.79 770.00 184.29 INR Billion [+]
Car Production 232516.00 256077.00 292861.00 7277.00 Units [+]
Car Registrations 246983.00 276925.00 304900.00 6508.00 Cars [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production 7.90 9.20 13.00 -17.50 percent [+]
Steel Production 8629.00 8200.00 9000.00 713.00 Thousand Tonnes [+]
Cement Production 23615.00 22912.00 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 50.30 51.30 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 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 December of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
48.50 51.70 57.50 44.60 2012 - 2017 Index Points Monthly




services pmi by Country
Country Last
Australia 51.70 Nov/17
Brazil 46.90 Nov/17
China 51.90 Nov/17
Euro Area 56.20 Nov/17
France 60.40 Nov/17
Germany 54.30 Nov/17
India 48.50 Nov/17
Italy 54.70 Nov/17
Japan 51.20 Nov/17
Russia 57.40 Nov/17
Spain 54.40 Nov/17
United Kingdom 53.80 Nov/17
United States 54.50 Nov/17