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PMI

India's services PMI jumps in October, records strongest hiring in over two years

India's services PMI jumps in October, records strongest hiring in over two years

Wed, Nov 06, 2024

October PMI data highlights strong demand and job growth, though rising costs could pressure RBI to keep interest rates high

India's manufacturing sector growth accelerates in June with record employment surge

India's manufacturing sector growth accelerates in June with record employment surge

Mon, Jul 01, 2024

India's manufacturing sector saw robust growth in June, with a sharp increase in output and record employment, driven by strong demand and higher new business volumes.

India's manufacturing sector growth hits 16-year high in March as new orders jump amid buoyant demand

India's manufacturing sector growth hits 16-year high in March as new orders jump amid buoyant demand

Tue, Apr 02, 2024

Manufacturing output rose for the 33rd month running in March, and to the greatest extent since October 2020. Growth quickened across the consumer, intermediate and investment goods sectors.

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India's services sector growth eases in February on softer expansions in business activity, sales

India's services sector growth eases in February on softer expansions in business activity, sales

Tue, Mar 05, 2024

Rates of expansion were broadly similar at manufacturers and services firms, though the former registered an acceleration and the latter a slowdown.

China's Jan services activity expands at slower pace - Caixin PMI

China's Jan services activity expands at slower pace - Caixin PMI

Mon, Feb 05, 2024

The figure comes after official data last week showed factory activity contracted again, offering a snapshot of the state of the economy at the start of the year.

Asia's factories struggle for momentum amid soft Chinese demand

Asia's factories struggle for momentum amid soft Chinese demand

Thu, Feb 01, 2024

The IMF expects China's economy to expand 4.6 per cent this year, slowing from 5.2 per cent in 2023.

India's factory growth ends 2023 at 18-month low on weaker new orders, output

India's factory growth ends 2023 at 18-month low on weaker new orders, output

Wed, Jan 03, 2024

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.

Canadian factory PMI hits 3-1/2-year low on 'subdued' demand

Canadian factory PMI hits 3-1/2-year low on 'subdued' demand

Wed, Jan 03, 2024

The input price index was at 54.1, down from 55.6 in November and the output price measure fell to 52.7 from 54.8.

China's December factory activity contracted more than expected

China's December factory activity contracted more than expected

Sun, Dec 31, 2023

The official purchasing managers' index (PMI) fell to 49.0 in December from 49.4 the previous month, below the 50-mark separating growth from contraction and weaker than a median forecast of 49.5 in a Reuters poll.

Euro zone factory activity stuck in steep downturn

Euro zone factory activity stuck in steep downturn

Mon, Oct 02, 2023

The new orders index did rise last month, to 39.2 from August's 39.0, but it remained firmly below the breakeven mark.

UK PMI survey shows sharpest business slowdown in 7 months

UK PMI survey shows sharpest business slowdown in 7 months

Tue, Sep 05, 2023

The broader composite PMI - which also includes Friday's very weak manufacturing PMI - dropped to 48.6 from 50.8, again the lowest since January but revised up from an estimate of 47.9 for August, which was the lowest since January 2021.

China's August factory activity picks up unexpectedly: Report

China's August factory activity picks up unexpectedly: Report

Fri, Sep 01, 2023

China's factory activity surprisingly returned to expansion in August, a private-sector survey showed on Friday, with supply, domestic demand and employment improving, suggesting official efforts to revive growth might be having some effect.

Japan's service activity growth softens in July - PMI

Japan's service activity growth softens in July - PMI

Thu, Aug 03, 2023

Japan's service sector activity expanded at a slightly slower pace in July as new business growth eased and cost pressures remained high.

India's manufacturing sector activity eases for 2nd straight month in July: PMI

India's manufacturing sector activity eases for 2nd straight month in July: PMI

Tue, Aug 01, 2023

Manufacturing sector activities in India moderated for the second straight month in July as rates of expansion in output and new orders eased slightly, a monthly survey said on Tuesday.

India better placed on growth-inflation-external balance triangle: FinMin report

India better placed on growth-inflation-external balance triangle: FinMin report

Fri, Aug 19, 2022

On the price situation, the review said in absence of any further shocks, the downward movement of global commodity prices along with the RBI's monetary measures and the government's fiscal policies are expected to cap inflationary pressures in the coming months

What alternate measures RBI could take if Rupee continues to be under pressure? LIC Mutual Fund's Rahul Singh explains

What alternate measures RBI could take if Rupee continues to be under pressure? LIC Mutual Fund's Rahul Singh explains

Tue, Aug 02, 2022

The RBI may also be positive on their growth numbers and would at least maintain (if not revise upwards) the numbers projected in the last policy. GST numbers, credit growth and PMI numbers have been encouraging.

India May services PMI growth at 11-year high at 58.9; input inflation at record highs

India May services PMI growth at 11-year high at 58.9; input inflation at record highs

Fri, Jun 03, 2022

India's dominant services sector expanded at the fastest pace in 11 years in May on strong demand, although inflationary pressures touched new highs, restricting optimism and weighing on consumers` pocketbooks, a private survey showed

India's Sep services output rate eases, still in expansionary mode: PMI

India's Sep services output rate eases, still in expansionary mode: PMI

Tue, Oct 05, 2021

"Companies indicated that greater footfall boosted sales and output in the latest month, with some taking on additional staff to cope with rising workloads," the PMI report said.

IHS Markit India Manufacturing PMI report: At 56.3, Indian manufacturing sector continues expansion in November

IHS Markit India Manufacturing PMI report: At 56.3, Indian manufacturing sector continues expansion in November

Tue, Dec 01, 2020

The Indian manufacturing sector has continued its sharp rate of expansion, albeit some loss in momentum in November, according to IHS Markit India Manufacturing PMI report released on Tuesday

June manufacturing PMI records fastest growth in 2018 so far

June manufacturing PMI records fastest growth in 2018 so far

Mon, Jul 02, 2018

This is the 11th consecutive month that the manufacturing PMI remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction. "India's manufacturing economy closed the quarter on a solid footing against a backdrop of robust demand conditions, highlighted by the sharpest gains in output and new orders since last December," said Aashna Dodhia, Economist at IHS Markit and author of the report.

Services PMI falls to 6-month low of 47.8 in February

Services PMI falls to 6-month low of 47.8 in February

Mon, Mar 05, 2018

The Indian services sector contracted in February and fell to a six-month low, as new work orders suffered amid weak underlying demand conditions, says a monthly survey. The seasonally adjusted Nikkei India Services Business Activity Index fell from 51.7 in January to 47.8 in February, its lowest

China's service sector grows at fastest pace in nearly six years in January

China's service sector grows at fastest pace in nearly six years in January

Mon, Feb 05, 2018

China`s services sector got off to a flying start this year, expanding at its fastest pace in almost six years, as new orders surged and companies rushed to hire more staff, a private survey showed on Monday.

India's December Nikkei manufacturing PMI rises to 54.7

India's December Nikkei manufacturing PMI rises to 54.7

Tue, Jan 02, 2018

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