The expansion in total new orders was supported by greater sales to international markets
In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction
Purchasing managers index - manufacturing and services data of United States, and more
The services sector, which is a dominating part of India's economy, may record a gradual recovery in the fourth quarter after hit hard by demonetisation in the third quarter, showed Nikkei's purchasing managers' index (PMI) survey. However, the services sector firms still laid off workforce in February as the recovery was fragile and not broad-based. PMI for services rose to 50.3 points in February, which meant expansion, after three months of remaining below 50, which signified contraction.PMI averaged 49.3 points in the third quarter of the current financial year, while it stood at 49.5 points in the first two months of the fourth quarter. While the turnaround was seen in the business activity and inflows of new work in the financial intermediation, most other sectors saw declines in February. Nonetheless, rates of contraction softened in all cases.It should be noted that financial, real estate and professional services growth slowed down sharply to 3.1 per cent in the third ...
A score above 50 denotes expansion and one below this level means contraction
Composite PMI, which measures both services and manufacturing, rose to 49.4 in Jan from 47.6 in Dec
The author takes a close look at economic indicators for better understand of what's going on
"Shortages of money in the economy steered output and new orders in the wrong direction
The PMI rose to 54.4 in October, after falling to 52.1 in September from 52.6 in August
The composite PMI, which includes both manufacturing and services, fell to 52.4 in Sept from 54.7 in August
The composite PMI, which includes both manufacturing and services, fell to 52.4 in September from 54.6
The Nikkei/Markit Manufacturing Purchasing Managers Index rose to 52.6 in August from July's 51.8
At 51 points in May, it is weakest since Nov 2015
The PMI for manufacturing rose to 50.7 points, from the 50.50 in April
Fall in new business is impacting growth, employment too continues to stagnate
Index falls to 50.5 in April from eight-month high of 52.4 in March
Nikkei manufacturing PMI came at 50.5 in April from March's 52.4, falling to a four-month low
Employment fails to rise even as new orders pace up
This could sway RBI from cutting interest rates as expected on April 5
Growth fell to 51.4 in February as output rose marginally