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Manufacturing PMI rises to 60.9 in June, job creation fastest in 18 years: Survey

June 22, 2024 8:20 am

According to the HSBC survey, the final Manufacturing, Services and Composite Purchasing Managers' Index (PMI) figure rose by 0.4 percentage point to 60.9 in June, compared to a downward revised figure of 60.5 in May.

Despite policy support, China's manufacturing activity contracts for 5th straight month

March 01, 2024 10:33 am

The official purchasing managers index, or PMI, fell to 49.1 in February from 49.2 the month before. The PMI is on a scale up to 100 where 50 marks the cutoff between expansion and contraction.

India's January services PMI hits 6-month high amid strongest upturn in new business

February 05, 2024 12:53 pm

The seasonally adjusted HSBC India Services PMI Business Activity Index rose to 61.8 in January, up from 59 in December, pointing to the sharpest rate of expansion in six months.

India's manufacturing PMI rises in Nov as prices ease, demand strengthens

December 01, 2023 9:05 pm

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 56 last month from the eight-month low level of 55.5 in October.

The S&P Global India Services Purchasing Managers' Index fell to 58.4 last month from September's 61.0 and lower than the Reuters poll expectation of 60.5.

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 PMI services activity hits near 13-year high in April, inflation accelerates

May 03, 2023 11:24 am

The S&P Global India services Purchasing Managers' Index jumped to 62.0 last month from 57.8 in March, its highest since June 2010.

India's services sector output growth hits three-month high in November on strong demand

December 05, 2022 1:06 pm

The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 55.1 in October to 56.4 in November, indicating a sharp increase in output that was the quickest in three months even amid higher operating expenses.

India's manufacturing PMI hits three-month high in November

December 02, 2022 3:42 am

Posting 55.7 in November, up from 55.3 in October, the seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index signalled the strongest improvement in operating conditions for three months.

India’s manufacturing PMI expands at stronger pace in October

November 02, 2022 12:06 am

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 55.3 in October from 55.1 in September.

India's August manufacturing growth continues to trend higher on strong demand, easing inflation concerns: PMI

September 01, 2022 12:21 pm

The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was little changed from July's reading of 56.4, posting 56.2 in August.

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