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Big decline in India’s manufacturing sector, PMI reaches lowest level in 18 months

Big decline in India's manufacturing sector, PMI reaches lowest level in 18 months

India PMI Data: India’s rapidly growing economy suffered a setback in December. There has been a slowdown in the country’s construction sector in the month of December. According to HSBC India’s manufacturing PMI survey report, despite low inflation, the growth of the country’s manufacturing sector has declined to its lowest level in 18 months or … Read more

Service PMI Oct 2023: India’s service sector disappointed in October, PMI reached 7-month low

Service PMI Oct 2023: India's service sector disappointed in October, PMI reached 7-month low

Service PMI Oct 2023: India’s services sector activity fell to a seven-month low in October. This decline has occurred due to softening of production and demand amid competitive conditions and price pressures. This information was given in a monthly survey on Friday. The seasonally adjusted S&P Global India Services PMI business activity index reached 58.4 … Read more

PMI: Manufacturing sector activities reached 3 three-month high in March

[ad_1] New Delhi : Activity in India’s manufacturing sector expanded to a three-month high in March amid an expansion in new orders and production and easing of cost pressures with a pick-up in demand, a monthly survey released on Monday said. . According to S&P Global, the Manufacturing Purchasing Managers’ Index (PMI) in India rose … Read more