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Services output contracts in August: HSBC Services PMI

The services sector which makes a significant contribution to India's GDP contracted in August as falling growth now shifts to the services sector. The HSBC Services PMI output fell to 47.6 from 48.4, reflecting faster contractions in India's Services sector. ...

Indian manufacturing output falls again; HSBC PMI

India's manufacturing output fell for the second consecutive month in June the HSBC, India, Manufacturing PMI shows. Total new orders fell for the first time since March 2009 during June, although marginally. The HSBC Purchasing Managers' Index (PMI) recorded above ...

Indian manufacturing activity slows in April: HSBC PMI

Operating conditions in the Indian manufacturing economy stagnated during May. The seasonally adjusted HSBC Purchasing Managers' Index - an indicator derived from individual diffusion indices measuring changes in output, new orders, employment, suppliers' delivery times and stocks of purchases - fell ...

Services sector expands at slowest pace in 18 months for April

As has been the case throughout the past four years, output in the Indian private sector rose in April. However, the HSBC India Composite Output Index was down to 50.5, from 51.4 in March. "The latest reading indicated that activity increased ...

India's manufacturing activity falls to lowest level since Nov 2011

Operating conditions in the Indian manufacturing economy improved further during April, the seasonally adjusted HSBC Purchasing Managers' Index (PMI) reveals. "An indicator derived from individual diffusion indices measuring changes in output, new orders, employment, suppliers' delivery times and stocks of ...

Services sector grows at slowest pace since Oct 2011

India's services sector grew at its slowest pace since October 2011, according to The HSBC Services Purchasing Managers' Index, based on a survey of 400 companies. "The HSBC India Composite Output Index fell from 54.8 in February to 51.4 indicating ...

Indian manufacturing grows at slowest pace in 16 months

India's manufacturing grew at its slowest pace in 16-months, as per the HSBC manufacturing PMI. "Indian manufacturing business conditions continued to improve in March, but persistent powercuts weighed on growth. Moreover, the volume of incoming new work increased moderately and ...

Private sector output expands in Jan: HSBC PMI

The HSBC India Composite Output Index posted 56.3 in January, unchanged from December's reading. With manufacturing and services companies both signalling output growth, the overall rate of expansion was sharp and the joint-fastest in 11 months. The seasonally adjusted HSBC ...

India's manufacturing activity drops in Jan 2013: HSBC PMI

India's manufacturing activity dropped in January according to the HSBC Purchasing Managers' Index - a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy. The January reading was 53.2, down from 54.7 in December. ...

Growth in private sector services hits ten–month high: HSBC PMI

Activity in the Indian private sector improved during December for the forty-fourth successive month. The HSBC India Composite Output Index posted 56.3 in December, up from 53.2 in November. The rate of expansion was sharp, and the fastest since February. ...

Manufacturing output expands at fastest pace in 6 months

The seasonally adjusted HSBC Purchasing Managers' Index - a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy - posted 54.7 in December, up from 53.7 in November. The latest reading signalled a further ...

Services sector slows in November: HSBC PMI

The HSBC India Composite Output Index posted 53.2 in November, slightly down from 53.5 in October, signalling a further improvement in activity at Indian private sector firms. Although solid, the rate of expansion was the slowest in 12 months. Manufacturing ...

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