Services Pmi
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All Stories for Services Pmi
Services sector activity in November sees quickest growth since July on favourable market conditions: PMI
•The services PMI was in the expansion territory for the sixth straight month.
Services sector activity in October sees quickest growth since July on significant increase in new business orders: PMI
•The services PMI was in the expansion territory for the fifth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.
India's August services sector activity falls from 21-month peak on new business orders decline: PMI
•The seasonally adjusted Nikkei India Services Business Activity Index, fell from July's peak of 54.2 to 51.5 in August owing to weakest growth in new work in three months.
Services sector activity back on growth track in March as demand picks up, job-creation at 7-year high: PMI
•The seasonally adjusted Nikkei India Services Business Activity Index improved from 47.8 in February to 50.3 in March, indicating that business activity stabilised during the month
GDP data key highlights: India's economy grows at 7.2% in third quarter; a booster shot for Narendra Modi govt
Fp Staff •A strong GDP reading could lift domestic shares, and boost the rupee, which has been Asia’s second weakest currency this year, losing about 1.6 percent against the dollar.
India's services PMI returns to growth in December at 50.9 from 48.5 in November
•The Indian services sector returned to marginal growth in December as new orders broadly stabilised, says a monthly survey.
Service sector slips to contraction territory during November: PMI survey
•Posting below the no-change mark of 50.0 in November, the seasonally adjusted Business Activity Index signalled a contraction of the service sector for the first time in three months
Services activity grows for second straight month in October: PMI survey
•The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September, indicating modest growth in the sector, as the reading remained below the long- run series average of 54.7
Services PMI contracts to 4-year low in July, post GST implementation
•The downturn in services follows a similar weakness in the manufacturing sector
June services PMI grows to 8-month high on new orders
•The Nikkei India Services Purchasing Managers' Index (PMI), which tracks services output on a monthly basis, increased to 53.1 in June, from 52.2 in May, signalling a "solid and accelerated" upturn in output across the sector.