The S&P Global India Composite PMI fell to a three-month low of 56.6 in July 2022 from 58.2 in the prior month. Still, the latest reading pointed to the 11th straight month of increase in private sector activity. While the growth of services activity eased to the weakest in four months, manufacturing rose the most since last November. New orders went up the least since March, despite the rate of growth staying sharp; while employment increased marginally, as rates of expansion were broadly alike at goods producers and service providers. On the cost side, purchase prices and selling charges rose at the slowest rates since February and March respectively, reflecting a broad-based slowdown in rates of input cost and selling charge inflation across the manufacturing and service sectors. source: Markit Economics

Composite PMI in India averaged 51.44 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 August of 2022.

Composite PMI in India is expected to be 54.00 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.

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
India Composite PMI

Related Last Previous Unit Reference
Services PMI 55.50 59.20 points Jul 2022
Manufacturing PMI 56.40 53.90 points Jul 2022
Composite PMI 56.60 58.20 points Jul 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
56.60 58.20 59.20 7.20 2013 - 2022 points Monthly