The first thing to note in the Flash or advance Purchasing Managers Indices (PMIs) for May for the advanced economies is that growth is still strong. As Chart 1 shows, the Flash Composite PMIs for the US, UK, the Eurozone and Japan for May all came in well above 50, which indicates robust expansion from the previous month. (image) The flash PMIs are advance estimates of the final PMI readings, based on 80-90 percent of the survey responses for the month. The Composite PMIs measure...
Moneycontrol Pro Panorama | Rural gets a second wind
May 26, 2023 / 03:07 PM IST
In today’s edition of Moneycontrol Pro Panorama: Can PM Modi help clinch deal with Australia, steel output is losing its glint, ...Read Now
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