Business activity

Services activity expands at strongest rate in over 11 years in May amid mounting price pressures

The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 58.9 in May, up from 57.9 in April, amid better underlying demand and strong inflows of new work.

published on : 3rd June 2022

India's services sector activity slips further in Jan; business confidence hits six-month low 

The seasonally adjusted India Services Business Activity Index fell to 51.5 in Jan, down from 55.5 in Dec, pointing to the slowest rate of expansion in the current six-month sequence of growth.

published on : 3rd February 2022

Business activity is now on pre-pandemic level amid third COVID wave: NIBRI report

The index fell because of a fall in the mobility levels as seen in the Google workplace and retail and recreation mobility, which fell by 10.7 pp and 4.4 pp, respectively.

published on : 25th January 2022

India's services sector activity hits three-month low in December: Survey

The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to a three-month low of 55.5 in December.

published on : 5th January 2022

India's services sector activity expands in September; employment rises for first time in 10 months

The seasonally adjusted India Services Business Activity Index fell from 56.7 in August to 55.2 in September but remained well above its long-run average.

published on : 5th October 2021