Tag: Purchasing Managers

India's manufacturing PMI fell to an eight-month low of 56.5 in August, contributing to a decline in the composite PMI to 58.3 in September, marking the weakest overall performance since November last year.(Bloomberg)
Posted in Business

India September services growth hits 10-month low, PMI shows

Growth in India’s dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on Friday….

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Business activity at 9-month low in Sept as demand eases
Posted in Economy

Business activity at 9-month low in Sept as demand eases

Slower manufacturing and services business activity in September pulled down India’s overall private sector economy to a nine-month low, even as employment continued to rise…

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In September, India's business activity growth dipped to a nine-month low amid cooling demand and rising costs. The Composite PMI decreased to 59.3, but employment in the services sector surged, reflecting a positive business outlook despite rising input costs.
Posted in Business

India’s September business growth at nine-month low as demand eases, PMI shows

Growth in India’s business activity slowed to a nine-month low in September amid a slight cooling in demand and an uptick in costs, according to…

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In August, India's services sector showed robust growth, with the PMI climbing to 60.9, the highest since March. Demand remained strong despite a decline in international orders. Hiring continued at a solid pace, and inflationary pressures eased, leading to lower output price inflation.
Posted in Business

India’s services sector growth accelerates to 5-month high in August, PMI shows

Activity in India’s dominant services sector rose at its fastest pace in five months in August as demand remained resilient amid easing inflationary pressures, a…

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India's services PMI surges to five-month peak in August on resilient demand, easing prices
Posted in Economy

India’s services PMI surges to five-month peak in August on resilient demand, easing prices

India’s services sector activity surged to a five-month high in August due to resilient demand and easing inflationary pressures, the HSBC final India Services Purchasing…

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Indian economy remains resilient amid global uncertainties: NCAER
Posted in Economy

Indian economy remains resilient amid global uncertainties: NCAER

Amid global geo-political uncertainties, the Indian economy has remained resilient but the outlook seems softer due to moderation in a couple of high-frequency indicators, according…

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