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Wednesday, August 10, 2022

Purchasing Managers Index

PURCHASING MANAGERS INDEX NEWS

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.

In October, services sector shows strong uptick, points to revival: PMI

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.

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.

India's manufacturing sector sees strongest rate of growth in three months in July

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.

India's manufacturing sector activity slips in May, heads towards stagnation: PMI

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.

Manufacturing activities in India eases in March; challenging times ahead: Survey

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.

India's October services activity contracts for second straight month

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.

Indian June factory activity accelerates at fastest pace in 4 months

July 01, 2014 12:55 pm

The HSBC Manufacturing Purchasing Managers' Index advanced to 51.5 in June from 51.4 in May.

China’s Nov factory growth clings to 18-month high

December 02, 2013 3:46 am

Sunday’s PMI is the latest of a series of data confounding bets that China’s growth engine is losing steam.

Service sector PMI suffers worst slump in over 4 years

October 04, 2013 11:38 am

HSBC Services Purchasing Managers' Index (PMI) slips from 47.6 in August to 44.6 in September.

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