October Pmi News

Markets

Services  spring to life in October

India’s PMI for manufacturing recorded the strongest growth in 13 years in October at 58.9Movement of high-frequency indicators in October point towards a broad-based resurgence of economic activity, notably in healthy kharif or winter crop output

2 min read4 Nov 2020
Market

October PMI: Will the rebound in employment growth sustain?

The increase in hiring could well be driven by the run-up to the festive season and may lose momentum in the coming months

1 min read6 Nov 2018
Market

October services activity jumps, boosted by stronger orders

The Nikkei/IHS Markit Services PMI rose to 52.2 last month from a four-month low of 50.9 in September, holding above the 50-mark that separates growth from contraction for five straight months

1 min read5 Nov 2018
Market

Optimism dips in spite of gathering momentum in manufacturing

Despite these robust conditions, business optimism among manufacturers dipped to a 20-month low, on fears that market conditions may not remain as supportive as they are now

1 min read2 Nov 2018
Market

PMI: Restocking bounce short-lived, GST clouds over manufacturing sector darken

Even though the manufacturing PMI remained above the expansion threshold for the third consecutive month in October, it was only marginally in positive territory

1 min read2 Nov 2017

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