India May Services PMI Final Value

Markit announced the India May Services PMI Final Value on 2025-05-22. The reported figure stands at 58.8, against a forecast of 59, with the prior figure recorded as 61.2.

Regarding the India May Services PMI Final Value, 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, service PMI, and some countries have also established construction PMI. More than 20 countries around the world have established PMI systems, and the PMI for global manufacturing and services has 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.

This content is AI-generated.Please verify before use.

Disclaimer: The Crypto Calendar is for informational purposes only and doesn’t reflect Gate.com’s views or serve as financial advice.