On October 6, 2025, Markit released the final reading of India’s Services Purchasing Managers’ Index (PMI) for September. The reported value was 60.9, compared to a forecast of 62.5 and a previous reading of 61.6.Definition: The Purchasing Managers’ Index (PMI) is a comprehensive set of economic indicators that monitors overall business activity. Impact: This index reflects the level of economic activity and sentiment within the services sector.This indicator is classified as moderately important (level 2). The PMI is compiled through monthly surveys tracking the confidence of purchasing managers in manufacturing, construction, and/or services companies. It is released monthly, with the next publication scheduled for November 6, 2025.
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