The final composite Purchasing Managers' Index for India for February, released on March 5, had come in at 60.6
The February flash Purchasing Managers' Index for the Indian manufacturing sector, released on February 22, had come in at 56.7.
The January flash Purchasing Managers' Index for the Indian services sector, released on January 24, had come in at 61.2
The January flash Purchasing Managers' Index for the Indian manufacturing sector, released on January 24, had come in at 56.9.
The flash Purchasing Managers' Index for any given month will be released approximately one week in advance of the final number.
Data on the services sector's performance comes after the manufacturing PMI fell to a five-month low of 57.5 in September
Goods producers in India noted a mild slowdown in growth during September. However, a sharp rise in new orders underpinned sustained expansions in output, input purchasing and employment, S&P Global PMI Index showed.
Data for the services sector's performance comes after the manufacturing PMI rose to a three-month high of 58.6 in August
A longer term view suggests that growth in GDP is very different from the year-on- year figures
The services PMI has now been above the key level of 50 for 18 months in a row. The services PMI data comes a couple of days after the manufacturing PMI declined to a three-month low of 55.4 in January from December's 26-month high of 57.8.
Nomura’s economists write that PMI numbers have been poor indicators of economic growth
India's services PMI for September has come in above 50 for the 14th month in a row
India's manufacturing PMI for September has come in above 50 for the 15th month in a row
There could, however, be a restocking bounce in March, as finished goods stocks are low
Supply chain problems persisted, with vendor performance worsening to the greatest extent since August 2020
Manufacturing PMI signals India is seeing the strongest pace of expansion in Asia
With the resurgence of COVID-19 in several countries, the manufacturing recovery in much of Asia lost momentum
After falling to a 7-month low in March, manufacturing PMI had improved slightly in April. But as production tumbled in May and finances remained stressed, manufacturing companies again cut jobs. This was the 14th straight month of job losses in a row.
As the second wave ebbs in India and the regional lockdowns are eased, will the economy rebound in similar fashion?
PMI data show RBI will gain comfort from the fact that firms are not raising prices despite a sharp increase in input costs
A rebound was expected as lockdowns eased, but the question is how much of it is due to pent-up demand
The Nikkei India Manufacturing Purchasing Managers' Index (PMI) rose to 54.7 in December, from 52.6 in November as growth was recorded across all three monitored categories -- consumer, intermediate and investment.
The Caixin/Markit services purchasing managers' index (PMI) for March fell to 52.2 from February's 52.6, but remained above the 50-level that separates expansion from contraction.
The official Purchasing Managers' Index (PMI) rose to 51.8 in March from the previous month's 51.6, and was well above the 50-point mark that separates growth from contraction on a monthly basis.
Manufacturing sector rebounded to a modest growth in January, from demonetisation-triggered contraction in previous month, on improved order flow and production while the expansion is likely to further accelerate in coming months, a monthly survey showed today.