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PMI
PMI NEWS
Price pressure no bar, services PMI growth at fastest pace in 11 years
July 06, 2022 2:28 am
Although firms expect the recovery to be sustained over the coming 12 months, concerns surrounding price pressures restricted business confidence, S&P Global said.
Services activity hits 11-year high in June despite mounting cost pressures
July 05, 2022 2:48 pm
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 58.9 in May to 59.2 in June -- its highest mark since April 2011.
Amid price pressure, India's manufacturing sector activity eases to nine-month low in June
July 01, 2022 2:37 pm
The June PMI data pointed to an improvement in overall operating conditions for the twelfth straight month. In PMI parlance, a print above 50 means expansion while a score below 50 denotes contraction.
Services activity expands at strongest rate in over 11 years in May amid mounting price pressures
June 03, 2022 4:53 pm
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.
‘Services PMI grows to 5-month high in April’
May 06, 2022 5:11 am
The seasonally adjusted S&P Global India Services PMI Business Activity Index jumped to 57.9 in April, from 53.6 in March, highlighting a sharp rate of expansion that was the fastest since last November amid mounting price pressures.
Defying rising costs, factory PMI kicks off FY23 on robust note
May 03, 2022 5:15 am
A PMI number greater than 50 shows expansion in business activity, and less than 50 indicates contraction. PMI is a leading indicator, giving analysts a good sense of the direction of a country’s economy. The PMI in manufacturing is obtained based on the results of a survey sent to a set of manufacturing companies.
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 mfg activities during Dec see substantial, albeit slower, rise in sales, output
January 03, 2022 12:22 pm
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) eased to 55.5 in December, from November's ten-month high of 57.6.
India's services sector activity in Nov registers second-fastest pace of growth since July 2011: Survey
December 03, 2021 2:36 pm
The seasonally adjusted India Services Business Activity Index was at 58.1 in November, fractionally down from 58.4 in October. The November figure points to the second-fastest rise in output since July 2011.
India's services sector activity expands at fastest pace in 10.5 years in October: PMI
November 03, 2021 12:16 pm
The seasonally adjusted India Services Business Activity Index rose from 55.2 in September to 58.4 in October, signalling the strongest rate of growth in ten-and-a-half years.
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