The Nikkei Manufacturing PMI in India increased to 51.6 in April of 2018 from 51.0 in the preceding month and beating market consensus of 51.3.

Output and new orders rose at faster paces and sentiment hit its highest since the implementation of the Goods and Services Tax in July 2017. Also, buying activity grew the most since January and employment expanded marginally. On the price front, inflationary pressures continued to ease, with the softest increases for input costs and output charges reported since September 2017 and July 2017 respectively. Manufacturing PMI in India is reported by Markit Economics.

India Manufacturing PMI
India Business Last Previous Highest Lowest Unit
Business Confidence 59.70 58.30 71.80 45.70 Index Points [+]
Manufacturing PMI 51.60 51.00 55.00 47.90 [+]
Services PMI 50.30 47.80 57.50 44.60 Index Points [+]
Industrial Production 7.10 7.40 20.00 -7.20 percent [+]
Industrial Production Mom -3.40 1.50 14.90 -14.10 percent [+]
Manufacturing Production 8.70 8.60 24.30 -9.10 percent [+]
Changes in Inventories 228.82 236.56 768.62 184.29 INR Billion [+]
Car Production 260805.00 255196.00 292861.00 7277.00 Units [+]
Car Registrations 263487.00 242411.00 304900.00 6508.00 [+]
Internet Speed 6492.06 5567.50 6492.06 784.09 KBps [+]
IP Addresses 9378846.00 9261013.00 14278593.00 1768679.00 IP [+]
Mining Production -0.30 0.20 13.00 -17.50 percent [+]
Steel Production 9227.00 8434.00 9227.00 713.00 Thousand Tonnes [+]
Cement Production 26374.00 27151.00 27151.00 9355.00 Thousands of Tonnes [+]
Competitiveness Index 4.59 4.52 4.59 4.20 Points [+]
Competitiveness Rank 40.00 39.00 71.00 39.00 [+]
Composite Pmi 50.80 49.70 55.40 46.00 [+]
Corruption Index 40.00 40.00 40.00 26.30 Points [+]
Corruption Rank 81.00 79.00 95.00 35.00 [+]
Ease of Doing Business 100.00 130.00 139.00 100.00 [+]