
India’s manufacturing PMI expands to 57 in Nov; input cost inflation slips to 40-month low
According to S&P Global, a key feature of the latest results was a substantial easing of price pressures.
According to S&P Global, a key feature of the latest results was a substantial easing of price pressures.
The latest PMI reading remains above its long-run average of 53.9.
New orders, the largest sub-component of the PMI, rose at a softer pace in September.
S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 57.2 in April to 58.7 in May
In January, the services PMI stood at 57.2, whereas it was 58.5 in December.
CEA's provisional data up to November 2022 shows the total energy requirement was 1017 BU and the availability was 1012 BU, a fall of just 5,691 million units or -0.6%.
Indian service providers welcomed stronger expansion in new work intakes, with a quicker upturn in business activity and the sharpest rise in employment for over 14 years, shows S&P Global India data
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) rose to 54.9 in February.
Weak external demand and people’s high level of vigilance against a possible ‘second wave’ of infection seem to drag on the recovery of the Chinese economy, says the Pictet Group.