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What is manufacturing PMI?

Manufacturing PMI

About Manufacturing PMI

What is manufacturing PMI?

Purchasing Managers’ Index or PMI is an economic indicator, which is derived after monthly surveys of different companies. The index shows trends in both the manufacturing and services sector. The index helps in determining whether the market conditions, as seen by purchasing managers, is expanding, contracting or staying the same. It is used to provide information regarding the current and future business conditions.

PMI is one of the closely watched indicators of business activity and helps in predicting the economic health of a country. There are two types of PMI — Manufacturing PMI and Services PMI. A combined index is also
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Latest Updates on Manufacturing PMI

Markets today: Nov WPI; Dec Mfg, Svcs PMI flash; FII; Dhanlaxmi IPO listing

In the previous session, the Sensex settled 843.16 points or 1.04 per cent higher at 82,133.12. Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30

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Updated On : 16 Dec 2024 | 7:20 AM IST

Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov

The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January

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Updated On : 03 Dec 2024 | 12:16 AM IST

November PMI at 56.5 as India's manufacturing growth shows signs of strain

HSBC final India Manufacturing PMI for November matches September's eight-month low of 56.5

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Updated On : 02 Dec 2024 | 10:47 AM IST

Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises

HSBC Flash November PMI: Composite output index rises to 59.5, up from October's final reading of 59.1. Manufacturing PMI dips to 60.2, services PMI rises to 59.2

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Updated On : 22 Nov 2024 | 11:42 AM IST

Strong demand revives manufacturing PMI to 57.5 in October after 8-mth low

The survey also noted that new export orders exhibited stronger growth, following the weakest increase in a year and a half during September, with gains reported in new contracts

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Updated On : 04 Nov 2024 | 11:37 PM IST

Market Today: ITC Q2, FII selling, Waaree, Deepak Builders IPO allotment

Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October

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Updated On : 24 Oct 2024 | 7:39 AM IST

Growth in Indian mfg sector slows to 3-mth low in August, PMI dips to 57.5

Indian manufacturers registered softer increases in new business and output during August

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Updated On : 02 Sep 2024 | 12:17 PM IST

India's manufacturing activity growth hits 3-mth low in Aug, shows PMI

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell for a second month in August, dropping to 57.5 from July's 58.1

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Updated On : 02 Sep 2024 | 11:17 AM IST

Softer rise in manufacturing output slows flash PMI to 60.5 in August

Pace of expansion remains sharp and indicates strong demand and favourable market conditions, HSBC survey

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Updated On : 22 Aug 2024 | 11:42 PM IST

India biz activity extends robust growth streak in August: HSBC Flash PMI

The flash services PMI index rose to 60.4 this month from 60.3 in July, while a preliminary manufacturing PMI showed strong growth, albeit slightly weaker than last month

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Updated On : 22 Aug 2024 | 11:48 AM IST

Factories across Europe, Asia struggled in July as demand waned, shows PMIs

It was a broadbased downturn in the euro zone while a slump in China's manufacturing activity suppressed its Asian neighbours

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Updated On : 01 Aug 2024 | 3:55 PM IST

Softer increase in new orders, output slows down manufacturing PMI in July

However, international sales expanded at the fastest pace in over 13 years, while job creation remained robust, and selling prices saw the steepest increase since October 2013

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Updated On : 01 Aug 2024 | 10:43 PM IST

Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June

A figure above 50 in the index denotes expansion and that below signifies contraction

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Updated On : 01 Jul 2024 | 11:50 PM IST

Heatwave drags manufacturing growth to three-month low in May: PMI data

But the sector remains in expansionary territory in May. Manufacturing employment rose to one of the greatest extents seen since data collection started in March 2005

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Updated On : 03 Jun 2024 | 11:31 PM IST

India's May factory growth slips to 3-month low, but remains sturdy: PMI

The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, dipped to 57.5 in May from April's 58.8, below a preliminary estimate of 58.4

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Updated On : 03 Jun 2024 | 10:43 AM IST

LS poll result, RBI interest rate decision key events to watch this week

Exit polls on Saturday predicted that Prime Minister Narendra Modi will retain power for a third straight term, with the NDA expected to win a big majority in the polls

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Updated On : 02 Jun 2024 | 12:11 PM IST

India's business activity surges to 14-year high in April: PMI data

Driven by robust demand in both manufacturing and service sectors, PMI in April climbed to 62.2 from March's final reading of 61.8

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Updated On : 23 Apr 2024 | 12:20 PM IST

16-yr high: At 59.1 in March, India's manufacturing PMI highest since 2008

The manufacturing PMI has remained above the 50-mark for more than 30 consecutive months

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Updated On : 02 Apr 2024 | 11:05 AM IST

Manufacturing boost propels business activity to 8-month high in March

HSBC Flash India Composite PMI (Purchasing Managers' Index) Output Index rises to 61.3

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Updated On : 21 Mar 2024 | 11:22 PM IST

Feb manufacturing PMI rises to 56.9 on increased production, new orders

India's HSBC India Manufacturing PMI came in at 56.9 in February, the fastest since October last year when it was 55.5

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Updated On : 01 Mar 2024 | 10:48 AM IST