Search For "composite pmi"
India's private sector growth strengthens to 3-month high as composite PMI
Updated : 3 weeks, 1 day ago IST
India's private sector activity strengthened further in February, with the HSBC Flash India PMI Composite Output Index rising to 59.3 from 58.4 in January, marking the strongest rate of expansion in three months, according to data released by HSBC.
Read More
India Services PMI hits two-month high at 58.5 in January, composite index
Updated : 1 month, 1 week ago IST
India's services sector activity strengthened in January, with the Services Purchasing Managers' Index (PMI) rising to a two-month high of 58.5, while the Composite PMI, which combines manufacturing and services, increased to 58.4, according to data released by HSBC.
Read More
Business growth in India slows in December; HSBC Composite PMI falls to 58
Updated : 2 months, 4 weeks ago IST
The pace of business growth in India slowed slightly in December, but overall activity in the private sector remained strong, according to the latest HSBC PMI data released on Tuesday.
Read More
HSBC Composite PMI declines in September to 61.9 from August's multi-year
Updated : 5 months, 1 week ago IST
The HSBC composite Purchasing Managers' Index (PMI) output for India declined in September to 61.9, down from August's multi-year high of 63.2, according to the latest PMI report released by HSBC.
Read More
Indian economy makes strong end to 2024; Composite PMI for December stands
Updated : 1 year, 2 months ago IST
India's private sector witnessed robust growth in December, marking its highest performance in four months. Both the manufacturing and services sectors showed accelerated growth, supported by increased new business inflows and heightened job creation.
Read More
India's services sector employment grew at fastest pace since 2005
Updated : 1 year, 3 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, said "During November, services sector employment notably grew at the fastest pace ever recorded since this survey began in 2005. The hiring surge reflected the sector's improving business confidence, growing new orders, and vigorous internati
Read More
India's composite PMI growth slows in September, marking slowest growth in
Updated : 1 year, 5 months ago IST
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
Read More
India's services sector sees strongest growth of five months in August, ri
Updated : 1 year, 6 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, commented on the findings, stating, "The Composite PMI for India continued to show strong growth in August, driven by accelerated business activity in the service sector, which experienced its fastest expansion since March.
Read More
India's composite PMI output Index for August 2024 stands at 60.5, a littl
Updated : 1 year, 6 months ago IST
India's private sector demonstrated strong output across India for the 37th consecutive month in August, highlighted the latest HSBC Flash India PMI (Purchasing Managers' Index) report.
Read More
India's economic momentum stays strong with composite PMI at 60.7 in July
Updated : 1 year, 7 months ago IST
The Services PMI, recorded 60.3 in July 2024, has consistently held above the 60-mark for seven consecutive months. This sustained performance is attributed to strong demand, increased investment in technology, and new business gains.
Read More
Pound strengthens versus dollar on news of Sunak becoming prime minister
Updated : 3 years, 4 months ago IST
The dollar retreated on Monday after the October S&P Global Composite PMI release showed US business activity contracting for a fourth straight month, an indication that the US Federal Reserve's aggressive monetary tightening was having a significant impact.
Read More