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Purchase Manufacturing Index

January services PMI contracts for 3rd month, rebound likely

January services PMI contracts for 3rd month, rebound likely

Fri, Feb 03, 2017

India's services languished, with new business orders falling for the third straight month, amid muted inflationary pressure that could offer RBI much room to remain accommodative in its next policy meet next week, says a monthly survey.

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Demonetisation shaves two points off India’s purchase manufacturing index

Demonetisation shaves two points off India’s purchase manufacturing index

Thu, Dec 01, 2016

PM Modi’s demonetisation of higher currency move has shaved two points off India’s Purchasing Manufacturing Index (PMI) in November. Nikkei India’s report on PMI, on Thursday showed that the index was lower in November to 52.3 from 54.4 in October last year.

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