Page 3 - Pmi Services

May services growth at five-month low as domestic demand weakens

HSBC India Services PMI says firms optimistic and hiring up as input costs rise

UK businesses expand at fastest pace in 11 months, shows PMI survey

Last month the Bank of England estimated the economy grew just 0.1% in the first quarter and would do only slightly better in the second

April business growth at near 14-year high on robust demand, show PMIs

The reading has been consistently above the 50-mark separating expansion from contraction since August 2021

Slowdown in growth in new orders, output drags services PMI in Feb to 60.6

The survey polled around 400 companies in transport, information, communication, finance, insurance, real estate, non-retail consumer and business services

India's February services PMI eases to 60.6 on low business confidence

Despite having slipped, the headline index was comfortably above the neutral mark of 50.0 and signalled a sharp rate of expansion that was well above the series history

Buoyant demand pushes India's services PMI to 6-month high in January

January figure marks 30 months of the index remaining above the 50-mark since July 2021. A reading above 50 in the survey indicates expansion of the sector and a figure below that suggests contraction

Sensex leaps 493 pts, Nifty ends at record closing high of 20,268

Closing Bell on Friday, December 1, 2023: The Nifty 50 index scaled a new peak of 20,291.55 in the intraday trade

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

July Services PMI rises most since June 2010 on robust global demand

According to S&P, finance & insurance sector was the "brightest spot" regarding business activity and new orders, topping the growth rankings in both instances

Services PMI growth declines to three-month low of 58.5 as inflation weighs

The headline figure has been expanding for 23 months on the trot since August 2021

India services growth slows down in March after 12-year high in Feb

No change in employment seen neither in services nor in manufacturing, says PMI survey

India's services growth slowed in Jan amid fall in exports, new orders: PMI

New orders placed with services companies increased in January, marking the eighteenth month of expansion

Dec services PMI at a 6-month high, thanks to stronger inflow of new biz

The headline figure has now been in the expansion zone for seventeen consecutive months since August 2021

Nov services PMI at a 3-month high of 56.4 thanks to new biz expansion

The headline figure has been in the expansion zone for the sixteenth consecutive month since August 2021

Data goes private: Positive for India but also a challenge for the govt

The quality of some of the important economic statistics put out by the govt - for much of which there can be no comparable private substitute - remain questionable and undependable, writes T N Ninan

Services PMI at 54.3 in Sep; slowest expansion in 6 months amid weak demand

Growth in India's services industry slumped in September to a six-month low, led by a substantial easing in demand amid high inflation

Services PMI accelerates in Aug; job creation strongest in 14 years

Rebound due to gains in new business, improvements in demand, and overtime work: Survey

India's services PMI at 4-month low of 55.5 in July amid high inflation

The domestic market remained the key source of sales growth as international demand for Indian services worsened further, the survey said

July PMI services growth slips to 4-month low on rising inflation

The PMI decreased to 55.5 in July 2022 from 59.2 in June

India's services activity rises to 59.2 in June, highest in 11 years

Unrelenting inflation continued to worry businesses that were cautiously optimistic about the year-ahead outlook for business activity