The Composite PMI in India declined to 43.1 points in June 2021 from 48.1 points in the previous month. This was the lowest reading since last July, pointing to a second successive monthly decline in business activity, as market conditions remained challenging due to the escalation of the pandemic. Decreases were recorded in the manufacturing, and was the first time in 11 months and there was a quicker contraction in services activity. Meanwhile, aggregate new orders fell for the second straight month, and the pace of contraction was sharp and the fastest since July 2020 as a faster decline in the service sector was accompanied by a renewed drop at goods producers. At the same time, employment dropped further, marking a 16-month sequence of job shedding, with the rate of reduction was modest, but the fastest since last October. On the price front, input prices inflation little-changed. As a result, selling prices rose marginally. 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 August of 2021.

Composite PMI in India is expected to be 49.00 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 52.00 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.

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India Composite PMI

Actual Previous Highest Lowest Dates Unit Frequency
43.10 48.10 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 41.20 46.40 57.50 5.40 points [+]
Manufacturing PMI 55.30 48.10 58.90 27.40 points [+]
Industrial Production 29.30 134.60 134.60 -57.30 percent [+]
Industrial Production Mom -8.00 -12.90 67.00 -53.90 percent [+]
Manufacturing Production 34.50 197.90 197.90 -66.60 percent [+]
Changes in Inventories 462.38 408.32 731.25 184.29 INR Billion [+]
Car Production 178077.00 65138.00 292861.00 7277.00 Units [+]
Car Registrations 166118.00 62593.00 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 231633.00 88045.00 323443.00 44163.00 Units [+]
Steel Production 9400.00 9200.00 10042.00 0.00 Thousand Tonnes [+]
Mining Production 23.30 36.30 36.30 -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 43.10 48.10 58.00 7.20 points [+]
Cement Production 24222.00 27932.00 33124.00 4077.00 Thousands of Tonnes [+]
Ease of Doing Business 63.00 77.00 139.00 63.00 [+]
Electricity Production 115473.30 118769.90 340578.60 27666.00 Gigawatt-hour [+]
Deposit Growth 10.70 9.80 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. .