The Composite PMI in India declined to 48.1 points in May 2021 from 55.4 points in the previous month. This was the lowest reading since last August, pointing to a renewed decline in private sector activity as the service economy dipped back into contraction. Softer increases were recorded in the manufacturing, and was the slowest in the current ten-month sequence of expansion. Meanwhile, aggregate new orders fell for the first time in nine months, albeit at a moderate pace. At the same time, employment declined further, marking a 15-month sequence of job shedding, with the rate of reduction was modest, but the quickest since last October. On the price front, input prices inflation slowed to a four-month low. As a result, selling prices rose modestly. source: Markit Economics

Composite PMI in India averaged 50.82 points from 2013 until 2021, reaching an all time high of 58 points in October of 2020 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 - values, historical data and charts - was last updated on June of 2021.

Composite PMI in India is expected to be 53.80 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Composite PMI in India to stand at 53.00 in 12 months time. In the long-term, the India Composite PMI is projected to trend around 51.10 points in 2022 and 51.50 points in 2023, according to our econometric models.

Ok
The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
India Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
48.10 55.40 58.00 7.20 2013 - 2021 points Monthly
SA

India Business Last Previous Highest Lowest Unit
Business Confidence 114.10 111.40 127.50 96.40 points [+]
Services PMI 46.40 54.00 57.50 5.40 points [+]
Manufacturing PMI 50.80 55.50 58.90 27.40 points [+]
Industrial Production 134.40 24.10 134.40 -57.30 percent [+]
Industrial Production Mom -13.00 12.30 67.00 -53.90 percent [+]
Manufacturing Production 197.10 28.30 197.10 -66.60 percent [+]
Changes in Inventories 462.38 408.32 731.25 184.29 INR Billion [+]
Car Production 178500.00 202645.00 292861.00 7277.00 Units [+]
Car Registrations 177578.00 194780.00 304900.00 2753.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Total Vehicle Sales 88045.00 261633.00 323443.00 44163.00 Units [+]
Steel Production 8300.00 10000.00 10042.00 0.00 Thousand Tonnes [+]
Mining Production 37.10 5.90 37.10 -26.90 percent [+]
Capacity Utilization 66.60 63.30 83.20 47.30 percent [+]
Competitiveness Index 61.36 62.02 62.02 4.20 Points [+]
Competitiveness Rank 68.00 58.00 71.00 42.00 [+]
Composite PMI 48.10 55.40 58.00 7.20 points [+]
Cement Production 27932.00 32874.00 33124.00 4077.00 Thousands of Tonnes [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 118769.90 101415.40 340578.60 27666.00 Gigawatt-hour [+]
Deposit Growth 9.70 9.90 29.30 2.70 percent [+]
Corruption Index 40.00 41.00 41.00 26.30 Points [+]
Corruption Rank 86.00 80.00 95.00 35.00 [+]


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. .