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PMI

June manufacturing PMI records fastest growth in 2018 so far

June manufacturing PMI records fastest growth in 2018 so far

Mon, Jul 02, 2018

This is the 11th consecutive month that the manufacturing PMI remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction. "India's manufacturing economy closed the quarter on a solid footing against a backdrop of robust demand conditions, highlighted by the sharpest gains in output and new orders since last December," said Aashna Dodhia, Economist at IHS Markit and author of the report.

Services PMI falls to 6-month low of 47.8 in February

Services PMI falls to 6-month low of 47.8 in February

Mon, Mar 05, 2018

The Indian services sector contracted in February and fell to a six-month low, as new work orders suffered amid weak underlying demand conditions, says a monthly survey. The seasonally adjusted Nikkei India Services Business Activity Index fell from 51.7 in January to 47.8 in February, its lowest

China's service sector grows at fastest pace in nearly six years in January

China's service sector grows at fastest pace in nearly six years in January

Mon, Feb 05, 2018

China`s services sector got off to a flying start this year, expanding at its fastest pace in almost six years, as new orders surged and companies rushed to hire more staff, a private survey showed on Monday.

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Growth in China's factories, services slows in December

Growth in China's factories, services slows in December

Sun, Jan 01, 2017

China`s manufacturing sector expanded at a weaker than expected pace in December, with growth slowing from the previous month as the world`s second-largest economy heads into 2017.

Demonetisation shaves two points off India’s purchase manufacturing index

Demonetisation shaves two points off India’s purchase manufacturing index

Thu, Dec 01, 2016

PM Modi’s demonetisation of higher currency move has shaved two points off India’s Purchasing Manufacturing Index (PMI) in November. Nikkei India’s report on PMI, on Thursday showed that the index was lower in November to 52.3 from 54.4 in October last year.

India's manufacturing PMI at 22-month high in October

India's manufacturing PMI at 22-month high in October

Tue, Nov 01, 2016

Nikkei India manufacturing Purchasing Managers' Index (PMI) has risen to a 22-month high in October on the back of sharp increase in new orders, purchasing activity and output.

India's private sector services growth slowdowns in Sept

India's private sector services growth slowdowns in Sept

Wed, Oct 05, 2016

The seasonally adjusted Nikkei India Composite PMI Output Index fell from August’s 42-month high of 54.6 to 52.4 in September.

India's manufacturing index eases in Sept; RBI may cut rates: Survey

India's manufacturing index eases in Sept; RBI may cut rates: Survey

Mon, Oct 03, 2016

The growth of India's manufacturing industry eased in September with decline in growth of new orders, while weak inflationary rates may prompt RBI to cut rates in the upcoming monetary policy meet, according to a latest survey.

Eurozone growth slows to 20-month low: Survey

Eurozone growth slows to 20-month low: Survey

Fri, Sep 23, 2016

Eurozone economic growth has slowed to its weakest pace since January 2015, a closely watched survey showed on Friday.

India’s manufacturing PMI at four-month high of 51.8 in July

India’s manufacturing PMI at four-month high of 51.8 in July

Mon, Aug 01, 2016

Nikkei said in a statement. It said, “The performance of India’s manufacturing economy continued to improve in July, with a stronger expansion in new business contributing to faster increases in output and buying levels.”

India’s PMI at four-month high of 51.8 in July

India’s PMI at four-month high of 51.8 in July

Mon, Aug 01, 2016

Nikkei said in a statement. It said, “The performance of India’s manufacturing economy continued to improve in July, with a stronger expansion in new business contributing to faster increases in output and buying levels.”

HSBC upgrades India to neutral; 2016 Sensex target at 26,000

HSBC upgrades India to neutral; 2016 Sensex target at 26,000

Mon, May 16, 2016

"We raise India to neutral in an Asian context. We raise our 2016 Sensex target to 26,000 (from 25000)," HSBC said in a research note.

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