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

The Nikkei Services PMI in India came in at 50.3 in February of 2017, up from 48.7 in January. It was the first expansion after three months of contractions, as incoming new business picked up while employment continued to decline. Backlogs of work rose for the ninth consecutive month and at the fastest pace since October 2016. Meantime, input cost went up at the second-fastest pace in six months. Also, year-ahead outlook remained subdued. Services PMI in India averaged 51.45 Index Points from 2012 until 2017, reaching an all time high of 57.50 Index Points in January of 2013 and a record low of 44.60 Index Points in September of 2013. 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 57.20 54.10 71.80 45.70 [+]
Services PMI 50.30 48.70 57.50 44.60 Index Points [+]
Manufacturing PMI 50.70 50.40 55.00 48.50 [+]
Industrial Production 2.70 -0.10 20.00 -7.20 percent [+]
Industrial Production Mom 3.90 4.70 14.94 -14.26 percent [+]
Manufacturing Production 2.30 -1.60 24.30 -9.10 percent [+]
Changes in Inventories 730.70 760.13 769.70 184.29 INR Billion [+]
Car Production 250677.00 259091.00 292861.00 7277.00 Units [+]
Car Registrations 240143.00 244256.00 304900.00 6508.00 Cars [+]
Cement Production 22489.00 22001.00 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 50.70 49.40 55.40 47.60 [+]
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 8113.00 8400.00 8400.00 713.00 Thousand Tonnes [+]
Mining Production 5.30 5.50 13.00 -7.70 percent [+]
Mni Business Sentiment 66.00 62.80 71.20 47.50 [+]



India Services PMI Notes

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 March of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
50.30 48.70 57.50 44.60 2012 - 2017 Index Points Monthly



Last
Australia 49.00 Feb/17
Brazil 46.40 Feb/17
China 52.60 Feb/17
Euro Area 56.50 Mar/17
France 58.50 Mar/17
Germany 55.60 Mar/17
India 50.30 Feb/17
Ireland 60.60 Feb/17
Italy 54.10 Feb/17
Japan 51.30 Feb/17
New Zealand 58.80 Feb/17
Nigeria 44.50 Feb/17
Russia 55.50 Feb/17
Spain 57.00 Feb/17
Sri Lanka 57.30 Feb/17
Sweden 59.80 Feb/17
United Kingdom 53.30 Feb/17
United States 52.90 Mar/17
World 52.80 Jan/16