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Tag: Manufacturing PMI

India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

Posted on May 2, 2024 By admin
India’s April manufacturing PMI sees second-best improvement in operating conditions in three-and-a-half years

Bolstered by current and anticipated upticks in demand, manufacturers reported higher confidence levels with expectations of higher output a year ahead. File (Representational image) | Photo Credit: Reuters India’s manufacturing sector activity moderated slightly in April, but still witnessed the second-best improvement in operating conditions in three-and-a-half years, as per the seasonally adjusted HSBC India…

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S&P Global India Manufacturing PMI signals August activity hit nearly three-year high

Posted on September 1, 2023 By admin
S&P Global India Manufacturing PMI signals August activity hit nearly three-year high

Representational image only. | Photo Credit: The Hindu   Manufacturing firms’ order books and output levels expanded at the fastest pace in nearly three years this August, as per the S&P Global India Manufacturing Purchasing Managers’ Index (PMI) that rose to 58.6 last month from 57.7 in July.  A reading of over 50 on the index…

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