India Services PMIIndia Services PMIIndia Services PMI

India Services PMI

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Key data points


Last release
Observation period
Aug 2024
Next release
Forecast
Highest
62.30POINT on Jul 31, 2023
Lowest
5.40POINT on Apr 30, 2020

About India Services PMI


Category
Business
Frequency
Monthly
Units
POINT
The IHS Markit 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 is only a limited sample of PMI headline data displayed on the Customer’s service, under licence from S&P Global. Full historic PMI headline data and all other PMI sub-index data and histories are available on subscription from S&P Global. Contact economics@spglobal.com for more details.