The S&P Global India Composite PMI was at 58.2 in June, little changed from May's 6-month peak of 58.3 while sustaining a marked rate of expansion. New orders expanded at a marked pace that was broadly similar to May. Service providers signaled a stronger expansion than manufacturers, as growth among the former picked up to the quickest in over 11 years. Meantime, private sector job rose following a fractional fall in May, with slight increases in employment were recorded in both the manufacturing and service sectors. Turning to the cost side, input prices rose the least in three months, despite the reading among the strongest in the survey history; while charge inflation was broadly unchanged from May. source: Markit Economics

Composite PMI in India averaged 51.32 points from 2013 until 2022, reaching an all time high of 59.20 points in November of 2021 and a record low of 7.20 points in April of 2020. This page provides - India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Composite PMI - data, historical chart, forecasts and calendar of releases - was last updated on July of 2022.

Composite PMI in India is expected to be 58.60 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the India Composite PMI is projected to trend around 51.50 points in 2023, according to our econometric models.

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India Composite PMI

Related Last Previous Unit Reference
Services PMI 59.20 58.90 points Jun 2022
Manufacturing PMI 53.90 54.60 points Jun 2022
Composite PMI 58.20 58.30 points Jun 2022

India Composite PMI
In India, the Nikkei India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. .
Actual Previous Highest Lowest Dates Unit Frequency
58.20 58.30 59.20 7.20 2013 - 2022 points Monthly