PMI surveys

PMI SURVEYS NEWS

Services sector PMI grows at slowest pace in 7 months; subdued demand amid inflationary surge among reasons

November 03, 2023 7:52 pm

At 58.4 in October, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated a slowdown in expansion as against 61 in September, signalling the slowest rate of growth since March.

India's services PMI at 13-year high in July on strong demand

August 03, 2023 11:17 am

India's dominant services sector expanded at its fastest pace in 13 years last month as demand increased significantly despite elevated inflationary pressures, a business survey showed on Thursday.

March: Services PMI rises fastest in 3 months

April 07, 2022 6:19 am

Rising from 51.8 in February to 53.6 in March, the seasonally adjusted S&P Global India Services PMI Business Activity Index pointed to the strongest rate of expansion in the last three months as Covid containment measures were lifted.

India's services sector activity growth slips to 12-month low in May amid election disruptions: PMI

June 05, 2019 2:27 pm

The survey noted that there were signs that the slowdown may prove temporary as companies stepped up hiring and became more confident about future prospects.

China’s official PMI for services shows slight growth in April

May 04, 2014 2:27 am

Saturday’s survey showed services firms in China fared better than factories in April, but not by much.

Emerging market growth expands in November,Indian private sector contracts

December 05, 2013 1:02 pm

For India,index increased in November to 48.5 but remained below 50 mark that indicates expansion.

Emerging markets growth remains lacklustre in Sept: HSBC

October 09, 2013 2:48 pm

HSBC EMI,a monthly indicator derived from PMI surveys,remains ed only just above 50.0.

HSBC Emerging Markets Index: India posts sharp fall

September 05, 2013 3:01 pm

Emerging market activity turned positive in August but India posts steepest rate of decline since 2009.

Growth recovery in six months: Montek

October 15, 2012 2:19 pm

The economy will turn the corner in the next six months,says Montek Singh Ahluwalia.

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