India

India PMI July 2022

India: Composite PMI deteriorates in July but continues to point to expansion

The S&P Global Composite Purchasing Managers’ Index (PMI) came in at 56.6 in July, down from June’s 58.2. As a result, the index stayed above the 50-threshold, indicating an expansion in business activity from the previous month.

The Manufacturing PMI clocked in at 56.4 in July, up from June’s 53.9, amid stronger demand, improvements in supplier performance and a slowdown in both input and output inflation. Lastly, the Services PMI fell to 55.5 in July (June: 59.2). The sector lost momentum due to competitive pressures, unfavorable weather and elevated inflation.

Free sample report

Access essential information in the shortest time possible. FocusEconomics provide hundreds of consensus forecast reports from the most reputable economic research authorities in the world.
Close Left Media Arrows Left Media Circles Right Media Arrows Right Media Circles Arrow Quote Wave Address Email Telephone Man in front of screen with line chart Document with bar chart and magnifying glass Application window with bar chart Target with arrow Line Chart Stopwatch Globe with arrows Document with bar chart in front of screen Bar chart with magnifying glass and dollar sign Lightbulb Document with bookmark Laptop with download icon Calendar Icon Nav Menu Arrow Arrow Right Long Icon Arrow Right Icon Chevron Right Icon Chevron Left Icon Briefcase Icon Linkedin In Icon Full Linkedin Icon Filter Facebook Linkedin Twitter Pinterest