Service Sector Pmi

India's services PMI dips slightly, but hiring touches fastest pace since 2005

November Service PMI: The hiring surge was driven by improving business confidence, rising new orders, and strong international demand in the sector

May services growth cools to five-month low of 60.2 from April's 60.8: PMI

The final HSBC India Services purchasing managers' index, compiled by S&P Global, fell to 60.2 last month from April's 60.8, confounding a preliminary reading for a rise to 61.4

India's services sector growth climbs to near 13-year high in April: PMI

India's services sector growth accelerated in April, as strong demand conditions resulted in the fastest increase in new business and output in close to 13 years, a monthly survey said on Wednesday. The pick-up in demand occurred in spite of escalating price pressures. The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 57.8 in March to 62.0 in April, signalling the fastest expansion in output since mid 2010, amid a pick-up in new business growth and favourable market conditions. For the 21st straight month, the headline figure was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction. "India's service sector posted a remarkable performance in April, with demand strength backing the strongest increases in new business and output in just under 13 years. Finance & Insurance was the brightest spot, topping the sectoral growth rankings for both ...

April services activity hits near 13-year high as inflation accelerates

Finance and insurance record strongest increase in output, says S&P Global's PMI survey

Services PMI at 12-yr high of 59.4 in Feb on strong demand, easing prices

Strong demand, easing price pressures amid mild job creation drive index

Services PMI rises to over a decade high in Oct even as input costs rise

Unlike their manufacturing counterparts, service companies hired more hands even as the rate of employment generation remained modest

Service activity continues to contract in May due to lockdown, PMI at 12.6

Job losses across services sector continue as foreign orders remain missing

Service sector growth hit by elections, PMI at 7-month low in April

On the employment front, buoyed by ongoing improvements in new work and optimistic growth projections, service providers placed more people in jobs during April

India's services PMI dips to six-month low of 52.0 in March on weak demand

The index change was partly caused by waning new business growth, with further increases to output prices perhaps contributing to the slide'

Manufacturing growth slips to six-month low in March: PMI

Most companies did not hire additional labour in March

Services PMI climbs to 3-month high of 52.2 in October on stronger orders

Factory orders reach 4-month high as new businesses rise at second-highest pace in 2 years

Services PMI climbs to 52.2 in Oct, sees quickest growth since July

In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction

Indian services activity returns to growth in Sep on stronger demand: PMI

In PMI parlance, a print above 50 means expansion while a score below that denotes contraction