India's July Services PMI Preliminary

Markit announced the India's July Services PMI Preliminary on 2025-07-24. The reported figure stands at 59.8, against a forecast of 60, with the prior figure recorded as 60.4.

Regarding the India's July Services PMI Preliminary, The full English name of the PMI index is Purchasing Managers' Index, which in Chinese means 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 PMI systems, 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 levels of purchasing managers in the manufacturing, construction, and/or service sectors. The composite confidence index is generally calculated based on survey results related to production, orders, inventory, employment, and prices, and updates monthly.

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