India's August Services PMI Preliminary Value

Markit announced the India's August Services PMI Preliminary Value on 2025-08-21. The reported figure stands at 65.6, against a forecast of 60, with the prior figure recorded as 60.5.

Regarding the India's August Services PMI Preliminary Value, The full name of the PMI index in English is Purchasing Managers' Index, and its meaning in Chinese is 采购经理指数. PMI is a set of monthly released, comprehensive economic monitoring indicators, divided into manufacturing PMI and service PMI. Some countries have also established construction PMI. More than 20 countries around the world have established a PMI system, and the world manufacturing and service PMI has already been established.

This data holds an importance level of , calculated using The PMI survey tracks the confidence of purchasing managers in the manufacturing, construction, and/or services sectors. The composite confidence index is generally calculated based on survey results regarding production, orders, inventory, employment, prices, and other factors, and updates Monthly. The next release is set for 2025-09-23 13:00:00.

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