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India's manufacturing sector growth climbs to four-month high in Jan on sharper upturn in new orders
India's manufacturing sector growth climbs to four-month high in Jan on sharper upturn in new orders
Published on Feb 01, 2024 11:05 AM IST
PTI |
India’s K-shaped recovery crisis
IIP numbers reveal consumption demand at the bottom of the pyramid needs to pick up for economic growth to regain momentum
Published on Nov 13, 2023 09:14 AM IST
HT Editorial
Manufacturing PMI dips to 5-month low on slower new order growth in September
India's manufacturing activity slowed to the slowest in five months in September, with new orders growing at a slower pace, according to a private survey. The Purchasing Manager's Index (PMI) dropped to 57.5 in September, down from 58.6 in August, but remained in positive territory for the 27th consecutive month. Despite the slowdown, India's factory output grew at the highest rate among emerging markets in Asia. Employment rose due to increased production and new orders, while input costs eased. However, higher oil prices may increase input costs in the future.
Updated on Oct 04, 2023 07:32 AM IST
Manufacturing PMI in May hits 31-month high
The seasonally adjusted manufacturing PMI rose from 57.2 in April to 58.7 in May, the highest value since October 2020
Updated on Jun 05, 2023 02:21 PM IST
Manufacturing PMI reaches 13-month high in December
The manufacturing PMI rose to 57.8 in December, from 55.7 in November.
Published on Jan 03, 2023 06:37 PM IST
India's manufacturing sector activity hits 13-month high in December
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) stood at 57.8 in December, up from 55.7 in November, as business conditions improved to the greatest extent in over two years.
Published on Jan 02, 2023 02:07 PM IST
PTI |
Services PMI shrinks for third straight month in July
According to data released by IHS Markit, purchasing managers’ index (PMI) for services was at 45.4 in July compared to 41.2 in June. A reading below 50 indicates contraction in economic activity.
Published on Aug 05, 2021 04:39 AM IST
Asit Ranjan Mishra, New Delhi
Services activity declines in April
Data released by analytics firm IHS Markit showed that the Purchasing Managers’ Index (PMI) for the services sector declined to 54 in April from 54.6 in the preceding month.
Published on May 06, 2021 06:21 AM IST
Asit Ranjan Mishra, New Delhi