India's May Services PMI Preliminary

Markit announced the India's May Services PMI Preliminary on 2025-05-22. The reported figure stands at 61.2, against a forecast of 58.5, with the prior figure recorded as 58.7.

Regarding the India's May Services PMI Preliminary, The full English name of the PMI index is Purchasing Managers' Index, which means采购经理指数 in Chinese. PMI is a set of monthly released comprehensive economic monitoring indicators, divided into manufacturing PMI and service PMI, and some countries have also established construction PMI. More than 20 countries around the world have established PMI systems, and PMI for the global manufacturing and service sectors has 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 related to production, orders, inventory, employment, prices, and other aspects, and updates monthly.

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