Business Standard

India Services Pmi

As demand slows, PMI services growth hits a ten-month low in September

For more than three years, the index has stayed above the 50-mark separating expansion from contraction

As demand slows, PMI services growth hits a ten-month low in September
Updated On : 04 Oct 2024 | 11:13 AM IST

Growth in new business thrusts services PMI to 5-month high in Aug

Job creation in sector 'remains solid'; companies positive about economy

Growth in new business thrusts services PMI to 5-month high in Aug
Updated On : 04 Sep 2024 | 11:22 PM IST

India's services sector growth surges to 5-month high in August: PMI

India August service PMI: The PMI climbed to 60.9 in August, fuelled by by increase in new domestic orders

India's services sector growth surges to 5-month high in August: PMI
Updated On : 04 Sep 2024 | 11:03 AM IST

China's services activity expansion slows in Aug, shows Caixin PMI

The new business index remained above 50, extending the sequence of expansion that started from January 2023, but the rate of growth was softer than July

China's services activity expansion slows in Aug, shows Caixin PMI
Updated On : 04 Sep 2024 | 10:30 AM IST

India biz activity extends robust growth streak in August: HSBC Flash PMI

The flash services PMI index rose to 60.4 this month from 60.3 in July, while a preliminary manufacturing PMI showed strong growth, albeit slightly weaker than last month

India biz activity extends robust growth streak in August: HSBC Flash PMI
Updated On : 22 Aug 2024 | 11:48 AM IST

Services activity growth slows, yet remained solid in July: PMI data

Moreover, cost pressures remained elevated, pushing up selling-price inflation to a seven-year high in July, which also saw stronger job creation

Services activity growth slows, yet remained solid in July: PMI data
Updated On : 05 Aug 2024 | 11:48 AM IST

India's services growth remains robust even as it slows a tad in July: PMI

While there was a slowdown in growth, business activity has remained above the neutral mark of 50.0

India's services growth remains robust even as it slows a tad in July: PMI
Updated On : 05 Aug 2024 | 10:58 AM IST

India's economic activity expands in July, services PMI rises to 61.1

The indexes are based on preliminary survey results and are a signal of business confidence in the economy

India's economic activity expands in July, services PMI rises to 61.1
Updated On : 24 Jul 2024 | 11:57 AM IST

June services PMI rises on back of new orders, international sales

'Staffing levels' increase at fastest pace since August 2022, according to survey

June services PMI rises on back of new orders, international sales
Updated On : 03 Jul 2024 | 11:17 PM IST

May services growth cools to five-month low of 60.2 from April's 60.8: PMI

The final HSBC India Services purchasing managers' index, compiled by S&P Global, fell to 60.2 last month from April's 60.8, confounding a preliminary reading for a rise to 61.4

May services growth cools to five-month low of 60.2 from April's 60.8: PMI
Updated On : 05 Jun 2024 | 10:56 AM IST

India's services PMI slides in April, remains robust due to strong demand

The headline Purchasing Managers' Index (PMI) figure, released by HSBC, slid to 60.8 in April from 61.2 recorded in March

India's services PMI slides in April, remains robust due to strong demand
Updated On : 06 May 2024 | 11:30 PM IST

April services PMI softens to 60.8 but remains sturdy on robust demand

Favourable market conditions and buoyant demand pushed the new business sub-index to a three-month high, the third-highest in around 14 years

April services PMI softens to 60.8 but remains sturdy on robust demand
Updated On : 06 May 2024 | 11:56 AM IST

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar

In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction

Services PMI registers strongest growth in 13.5 yrs, rises to 61.2 in Mar
Updated On : 04 Apr 2024 | 12:16 PM IST

India's services PMI jumps to highest in six months at 61.8 in January

According to the HSBC India Services PMI, new business placed with Indian service providers increased at the fastest rate in six months during January

India's services PMI jumps to highest in six months at 61.8 in January
Updated On : 05 Feb 2024 | 11:05 AM IST

India's services growth at three-month high in Dec on buoyant demand: PMI

The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, rose sharply in December to 59.0 from November's one-year low of 56.9

India's services growth at three-month high in Dec on buoyant demand: PMI
Updated On : 05 Jan 2024 | 10:59 AM IST

India's services PMI falls to 56.9 in November, lowest in 2023 so far

S&P Global said that the slowdown in services PMI was mainly owing to a slowdown in new orders as well as output across sectors

India's services PMI falls to 56.9 in November, lowest in 2023 so far
Updated On : 05 Dec 2023 | 11:09 AM IST

India's Oct services PMI falls to 58.4 vs 61 in Sept on rising inflation

In October, there were faster increases in input costs and output charges, with rates of inflation outpacing their respective long-run averages

India's Oct services PMI falls to 58.4 vs 61 in Sept on rising inflation
Updated On : 03 Nov 2023 | 10:52 AM IST

Services sector in Sept sees strongest output in 13 years; PMI rises to 61

The latest data showed a substantial increase in new business placed with Indian service providers, one that was the second-fastest since June 2010

Services sector in Sept sees strongest output in 13 years; PMI rises to 61
Updated On : 05 Oct 2023 | 11:28 PM IST

India's September services PMI hits 61 on positive demand environment

September's expansion in output was associated with effective marketing, favourable demand conditions and strong influxes of new business

India's September services PMI hits 61 on positive demand environment
Updated On : 05 Oct 2023 | 10:56 AM IST

August PMI services comes at 60.3 on strong order book; output elevated

Services firms indicated the sharpest upturn in new export business since S&P Global services PMI started in September 2014

August PMI services comes at 60.3 on strong order book; output elevated
Updated On : 05 Sep 2023 | 10:44 AM IST