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.
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.
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.
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.
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.
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.
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.
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.
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.
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.