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Page 2 - Pmi

India's biz activity grows faster in June, job creation at 18-yr high: PMI

The manufacturing index showed bigger gains to 58.5 from 57.5 in May while the dominant services industry's reading rose slightly to 60.4 this month from 60.2

India's biz activity grows faster in June, job creation at 18-yr high: PMI
Updated On : 21 Jun 2024 | 12:51 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

Heatwave drags manufacturing growth to three-month low in May: PMI data
Updated On : 03 Jun 2024 | 11:31 PM IST

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years

The survey also noted that amid reports of higher labour and material costs, input prices across the private sector rose at the fastest pace in nine months

Flash composite PMI up at 61.7 in May, job creation strongest in 18 years
Updated On : 23 May 2024 | 5:23 PM IST

Growth across UK biz dips in May, in early blow to Sunak, shows PMI survey

S&P Global UK Composite Purchasing Managers' Index for the services and manufacturing sectors fell to 52.8 in May from 54.1 in April

Growth across UK biz dips in May, in early blow to Sunak, shows PMI survey
Updated On : 23 May 2024 | 2:44 PM IST

Business activity expands in May as exports surge, PMI rises to 61.7

Robust demand was supported by new business in the services industry, which grew at the fastest pace since January, as well as rising manufacturing output and new orders

Business activity expands in May as exports surge, PMI rises to 61.7
Updated On : 23 May 2024 | 10:56 AM IST

Japan's factory activity expands for first time in year, shows PMI

The au Jibun Bank flash Japan manufacturing purchasing managers' index (PMI) climbed to 50.5 in May

Japan's factory activity expands for first time in year, shows PMI
Updated On : 23 May 2024 | 8:52 AM IST

India's positive demand trends fuel flash composite PMI to 62.2 in April

The index measuring the month-on-month change in the combined output of India's manufacturing and service sectors was inside growth territory for the 33rd consecutive month

India's positive demand trends fuel flash composite PMI to 62.2 in April
Updated On : 24 Apr 2024 | 12:16 AM 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

India's business activity surges to 14-year high in April: PMI data
Updated On : 23 Apr 2024 | 12:20 PM IST

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar

In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar
Updated On : 04 Apr 2024 | 12:16 PM IST

Manufacturing PMI in March rises to 16-yr high, employment improves

Sharpest uptick in output, new orders since Oct 2020, says survey

Manufacturing PMI in March rises to 16-yr high, employment improves
Updated On : 03 Apr 2024 | 12:01 AM IST

FY25 likely to witness close to 7% economic growth, but risks remain

Finance Minister Nirmala Sitharaman at the Business Standard Manthan said the high capex growth needs to be maintained to meet growth targets

FY25 likely to witness close to 7% economic growth, but risks remain
Updated On : 31 Mar 2024 | 11:34 PM 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

Manufacturing boost propels business activity to 8-month high in March
Updated On : 21 Mar 2024 | 11:22 PM IST

India's March business activity ends fiscal year on strong note: PMI

HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.3 this month from February's final reading of 60.6

India's March business activity ends fiscal year on strong note: PMI
Updated On : 21 Mar 2024 | 2:23 PM IST

Economy remains resilient, manufacturing regaining momentum: NCAER

High frequency indicators reveal that the Indian economy remains resilient with Purchasing Manager's Index (PMI) for services accelerating and manufacturing regaining momentum, economic think tank National Council of Applied Economic Research (NCAER) said in report released on Wednesday. Further, NCAER said the composite PMI accelerated to 61.2 in January from 58.5 in December 2023. PMI for manufacturing activity accelerated to 56.5 in January from 54.9 in December 2023, reflecting an expansionary momentum while PMI for services went up to 61.8 in January from 59 in December 2023, it added. "The markers for the month like PMI and GST collections point to a resilient macroeconomic environment. "An encouraging signal comes from easing of inflationary pressure, especially the moderation in food price inflation," NCAER Director General Poonam Gupta said. The report mentioned about healthy GST collections which reached a value of Rs 1.7 lakh crore in January, registering a year-on-year

Economy remains resilient, manufacturing regaining momentum: NCAER
Updated On : 28 Feb 2024 | 10:50 PM IST

India's manufacturing PMI rises to four-month high of 56.5 in January

New orders placed with Indian goods producers rose at a sharp pace in January and were the strongest in four months

India's manufacturing PMI rises to four-month high of 56.5 in January
Updated On : 01 Feb 2024 | 10:52 AM IST

India's services growth at three-month high in Dec on buoyant demand: PMI

The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, rose sharply in December to 59.0 from November's one-year low of 56.9

India's services growth at three-month high in Dec on buoyant demand: PMI
Updated On : 05 Jan 2024 | 10:59 AM IST

India's manufacturing PMI declines to 54.9 to hit 18-month low in Dec

Despite the decline, the December figure marked 30 months of the index remaining above 50. A survey print above 50 indicates manufacturing expansion, and below that, contraction

India's manufacturing PMI declines to 54.9 to hit 18-month low in Dec
Updated On : 03 Jan 2024 | 10:09 PM IST

Softening demand drags India's November PMI to 12-month low of 56.9

Growth momentum weakens despite demand fuelling new business intakes and output

Softening demand drags India's November PMI to 12-month low of 56.9
Updated On : 05 Dec 2023 | 11:02 PM IST

India's services PMI falls to 56.9 in November, lowest in 2023 so far

S&P Global said that the slowdown in services PMI was mainly owing to a slowdown in new orders as well as output across sectors

India's services PMI falls to 56.9 in November, lowest in 2023 so far
Updated On : 05 Dec 2023 | 11:09 AM IST

India's Oct services PMI falls to 58.4 vs 61 in Sept on rising inflation

In October, there were faster increases in input costs and output charges, with rates of inflation outpacing their respective long-run averages

India's Oct services PMI falls to 58.4 vs 61 in Sept on rising inflation
Updated On : 03 Nov 2023 | 10:52 AM IST