Page 3 - Services Pmi

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 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

PMI: Service activity touches 11-year high of 58.9 in May on strong demand

Overall demand rose at the fastest pace since July 2011 as economic activity continued to normalise with the lifting of pandemic restrictions

India's PMI services at 5-month high in April on higher fresh orders

However, companies resumed hiring in April, as seen by the first increase in employment since November

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China's Jan services activity expands at slowest rate in 5 months: Report

A sub-index for new business in the survey stood at 51.1 in January, slower than the long-run series average and below 52.5 in the previous month

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India's services activity remains strong in Sept, firms hire more employees

The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.

Services PMI jumps to 18-mth high in Aug as vax access, footfall improve

If the trend persists in September, it may give further boost to services growth in the country in Q2FY22

August service activity grows at fastest pace since pandemic began

The IHS Markit Services Purchasing Managers' Index rose to 56.7 in August - its strongest pace since the pandemic hit the country in March 2020.

May Services PMI shrinks to 46.4 vs 54 in April; lowest level since Aug

Overall demand contracted at the sharpest rate since August, with foreign demand shrinking at the fastest pace since November

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Services sector loses steam, December PMI falls to 52.3 from 53.7 in Nov

Growth in India's dominant services industry continued to lose momentum in December as a resurgence in coronavirus infections weighed on new business and employment

Services sector grows for second straight month, but rate falls in Nov: PMI

Hiring reverses declining trend, services inflation accelerates

After manufacturing, services loses steam in Nov on weak demand: PMI

India's manufacturing recovery also faltered last month as coronavirus fears weighed on demand and output

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Oct services activity at 54.1, grows for first time in 8 months: PMI

It was the highest reading since February and comfortably above the 50-mark separating growth from contraction

Services activity improves in September, PMI at 49.8 vs 41.8 in August

The latest reading was indicative of broadly stable output across the sector

Even as Covid-19 rages, Indian economy's animal spirits are stabilising

Five of the eight high-frequency indicators compiled by Bloomberg News gained last month, while two were unchanged and one deteriorated