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.
November 04, 2021 2:05 am
The monthly survey, by IHS Markit, said the Purchasing Managers’ Index (PMI) for the sector rose to a ten-and-a-half-year high of 58.4 in October as against 55.2 in the previous month.
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.
August 02, 2021 12:11 pm
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) rose from 48.1 in June to 55.3 in July, pointing to the strongest rate of growth in three months.
June 01, 2021 1:02 pm
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI), fell to 50.8 in May, down from 55.5 in April, as companies observed the slowest rises in new work and output in ten months amid intensification of the COVID-19 crisis.
April 05, 2021 12:42 pm
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) fell from 57.5 in February to a seven-month low of 55.4 in March.
November 05, 2019 11:07 am
India's services industry activity contracted for a second consecutive month in October due to muted demand, according to the Nikkei/IHS Markit Services Purchasing Managers' Index (PMI) on Tuesday. The October services PMI stood at 49.2 up from 48.7 in September, however it remained below the 50-mark threshold separating contraction from growth.
July 01, 2014 12:55 pm
The HSBC Manufacturing Purchasing Managers' Index advanced to 51.5 in June from 51.4 in May.
December 02, 2013 3:46 am
Sundays PMI is the latest of a series of data confounding bets that Chinas growth engine is losing steam.
October 04, 2013 11:38 am
HSBC Services Purchasing Managers' Index (PMI) slips from 47.6 in August to 44.6 in September.