Page 2 Services Pmi: Latest News and Updates, Top Stories, Videos, Photos About Services Pmi

India's Services Sector ContractsTo 19-Month Low; Services PMI At 48.7

In another blow to the country, services sector witnessed contraction in the month of September on the back of weak fresh orders which have fallen for the first time since early 2018. Also, at the same business optimism has declined to ...

July Services PMI Expands At 53.8; Hiring Also Increases Most In 8 Years

Services activity or PMI purchasing managers' index jumped in the month of July on the back of an increase in international demand. This has been the fastest surge in services activity in a year's time. In July, Services PMI came in ...

April Services Activity Slumps To 7-Month Low As Elections Weigh

India's service sector for the April month witnessed the slowest growth in 7 months as election outcome worries led several companies to postpone their business decisions as well as expansion plans. April Nikkei IHS Markit Services Purchasing Managers' Index fell to ...

GDP Estimate, Q3 Results And Budget Cues To Drive Market Next Week

The year 2018 that started with a cautious note for the Indian stock markets with the slump in Nifty by 95 points on the first working day, however ended the week on a positive life-time high. The Nifty scaled to 10,558 ...

Services PMI Weakens To 48.5 For November

Though Manufacturing PMI for the November month stood at the highest since October 2016 at 52.6, the services activity slowed down after seeing an improvement post the GST roll out for three consecutive months. As against the October numbers of ...

Services Sector Cools Off In Feb 2016

Services sector showed a contraction with the Indian Services PMI showing a drop for the month of Feb 2016. The month showed that data showed that services firms and goods producers alike registered weaker increases in activity. As a consequence, the ...

India's Services PMI Hits 10-Month High

Rising from November's five-month low of 50.2 to 51.6 in December,the seasonally adjusted Nikkei India Composite PMI Output Index was indicative of a rebound in growth of private sector activity. Whereas manufacturing production decreased for the first time since October 2013, ...

Services Activity Hits 5 Month Low; Sees Near Stagnation In Nov

There seems to be little signs of recovery in the Indian economy, with the services sector now seeing near stagnation and slumping to a 5 month low. This comes close on the heels of manufacturing data, that was not too encouraging. ...

Private Sector Output In India For Sept Fades; Services Expansion Soft

The seasonally adjusted Nikkei India Composite PMI Output Index fell from 52.6 in August to 51.5, highlighting the weakest rate of expansion in the current period of growth. The slowdown reflected weaker increases in both manufacturing and services output. "Down from ...

Services Sector Output In India Contracts To Lowest Level Since March 2014

India's services sector output contracted to the lowest level since March 2014 and the seasonally adjusted Nikkei Services Business Activity Index posted 47.7 in June. This was down from 49.6 in May to its lowest level since March 2014, the latest ...

India's private sector output dips for 7th straight month

India's private sector output contracted for the 7th straight month, an HSBC Services PMI showed. "Up from 48.1 in December to 49.6 in January, the seasonally adjusted HSBC India Composite Output Index indicated a seventh consecutive monthly drop in private ...

HSBC India services PMI jumps to 3-month high in May

India's services sector activity expanded in May and the pace was the fastest in three months, driven by uptick in new orders, an HSBC survey said on Wednesday. The HSBC/Markit purchasing managers index for the services industry today inched up ...

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