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

The Nikkei Services PMI in India came in at 46.8 in December of 2016 from 46.7 in November. It was the second straight month of contraction, as business confidence slid to the third-lowest in survey history and new business declined the most since September 2013 amid a severe cash crisis. At the same time, employment fell fractionally, continuing a trend of broadly stagnant workforce that was evident throughout 2016. Meanwhile, input costs rose further, but efforts to boost demand led some firms to lower their charges. The downturn in the PMI was broad-based by sub-sector, with hotels & restaurants firms the worst performers. Services PMI in India averaged 51.52 Index Points from 2012 until 2016, 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 46.80 46.70 57.50 44.60 Index Points [+]
Manufacturing PMI 49.60 52.30 55.00 48.50 [+]
Industrial Production 5.70 -1.80 20.00 -7.20 percent [+]
Industrial Production Mom -1.29 -0.73 14.94 -14.26 percent [+]
Manufacturing Production 5.50 -2.40 24.30 -9.10 percent [+]
Changes in Inventories 534.62 543.45 588.53 184.29 INR Billion [+]
Car Production 208045.00 257719.00 292861.00 7277.00 Units [+]
Car Registrations 233289.00 235977.00 304900.00 6508.00 Cars [+]
Cement Production 20516.00 24262.00 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 47.60 49.10 55.40 47.60 [+]
Corruption Index 38.00 38.00 38.00 26.30 Points [+]
Corruption Rank 76.00 85.00 95.00 35.00 [+]
Ease of Doing Business 130.00 131.00 139.00 130.00 [+]
Steel Production 8010.00 8267.00 8267.00 713.00 Thousand Tonnes [+]
Mining Production 3.90 -0.70 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 January of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
46.80 46.70 57.50 44.60 2012 - 2016 Index Points Monthly



Last
Australia 57.70 Dec/16
Brazil 45.10 Dec/16
China 53.40 Dec/16
Euro Area 53.70 Dec/16
France 52.90 Dec/16
Germany 54.30 Dec/16
India 46.80 Dec/16
Ireland 59.10 Dec/16
Italy 52.30 Dec/16
Japan 52.30 Dec/16
New Zealand 57.90 Nov/16
Nigeria 47.10 Dec/16
Russia 56.50 Dec/16
Spain 55.00 Dec/16
Sri Lanka 59.80 Dec/16
Sweden 59.90 Dec/16
United Kingdom 56.20 Dec/16
United States 53.90 Dec/16
World 52.80 Jan/16