 "What is manufacturing PMI?")
Manufacturing PMI
What is manufacturing PMI?
Purchasing Managers’ Index or PMI is an economic indicator, which is derived after monthly surveys of different companies. The index shows trends in both the manufacturing and services sector. The index helps in determining whether the market conditions, as seen by purchasing managers, is expanding, contracting or staying the same. It is used to provide information regarding the current and future business conditions.
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Latest Updates on Manufacturing PMI
Manufacturing PMI at a 4-month low of 55.3 in Feb as input costs rise
The survey noted that the February data pointed to a consecutive twenty-month rise in manufacturing production
 "Manufacturing PMI at a 4-month low of 55.3 in Feb as input costs rise")
Feb manufacturing PMI falls to four-month low amid rising borrowing costs
The manufacturing sector shrank 1.1% in the quarter year-on-year, the second straight contraction reflecting a weakness in exports
 "Feb manufacturing PMI falls to four-month low amid rising borrowing costs")
Jan manufacturing PMI falls to three-month low as production, exports slow
Companies increase input inventories by purchasing additional materials, but hiring remains unchanged broadly
Budget 2023-24 wishlist: Here're the key challenges in manufacturing sector
The IIP manufacturing for November expanded to its highest in five months after a subdued performance in October 2022
 "Budget 2023-24 wishlist: Here're the key challenges in manufacturing sector")
India's December manufacturing PMI expands to 57.8; highest in over 2 yrs
Monday's data cemented the view Asia's third-largest economy is better placed than many other emerging economies to weather the impact of a potential global recession
 "India's December manufacturing PMI expands to 57.8; highest in over 2 yrs")
Manufacturing PMI rises to 55.7 in Nov as factory activity hits 3-mth high
The survey compiled by the rating agency - S&P Global, and released reflected an improvement in employment and purchases by factories
 "Manufacturing PMI rises to 55.7 in Nov as factory activity hits 3-mth high")
Sensex atop Mt 61,000, just 1% away from fresh the all-time highs
Benchmark indices gained in 11 of the past 12 trading sessions
 "Sensex atop Mt 61,000, just 1% away from fresh the all-time highs")
Manufacturing PMI recovers to 55.3 in Oct amid contained price pressures
Manufacturing employment increases at 'marked rate' as factories report rise in orders, says survey
 "Manufacturing PMI recovers to 55.3 in Oct amid contained price pressures")
India's services activity cools to 6-month low in Sep; job creation slows
PMI for services sector released by S&P Global dipped to 54.3 in September from 57.2 in August as weak external demand weighed on overall sales, with international order declining during the month
 "India's services activity cools to 6-month low in Sep; job creation slows")
Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack
The Adani Group stocks had been major outperformers so far this calendar year, hence the current selling can be attibuted to profit-taking at these counters
 "Top headlines: PayU calls off BillDesk buy; Adani Group stocks crack")
Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand
India's factory growth dipped to a three-month low in September due to a moderation in demand and output, despite easing inflationary pressures and strong business confidence
 "Manufacturing PMI dips to 3-month low of 55.1 in September on poor demand")
Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up
CLOSING BELL: Adani Enterprises was the biggest Nifty dragger as it dropped 9 per cent
 "Sensex down 638 pts; Nifty nears 16900; Adani Group stocks slide, pharma up")
India's manufacturing growth stays robust in Aug, inflation eases
S&P Global's Manufacturing Purchasing Managers' Index dips slightly to 56.2 in August from 56.4 in July
 "India's manufacturing growth stays robust in Aug, inflation eases")
India's manufacturing activity expands at quickest pace in 8 months
Job creation is subdued though companies step up purchasing and report solid manufacturing activity
 "India's manufacturing activity expands at quickest pace in 8 months")
No respite for manufacturers as inflation continues to weigh on the economy
As India's business optimism slid to a 27-month low of 50.9, economists say they do not see a respite for manufacturers from cost inflation in the near term
 "No respite for manufacturers as inflation continues to weigh on the economy")
PMI: India's May factory activity remained strong despite high inflation
Demand showed signs of resilience in May, improving further in spite of another uptick in selling prices
Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine
CLOSING BELL: The Nifty50 index shut shop at 16,523, down 62 points or 0.37 per cent
 "Sensex ends volatile session 185 pts down; IT stocks decline, PSBs shine")
India's manufacturing PMI expands to 54.7 as demand picks up faster
In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction
 "India's manufacturing PMI expands to 54.7 as demand picks up faster")
Factory activity slowed in March, optimism at 2-year low: PMI survey
The Manufacturing Purchasing Managers' Index declined to 54.0 in March from 54.9 in February.
 "Factory activity slowed in March, optimism at 2-year low: PMI survey")
India's mfg activities expand in Feb as output, new orders rise: PMI
Firms responded to strong increases in new work intakes by lifting production, input buying and stocks of purchases, the survey said
 "India's mfg activities expand in Feb as output, new orders rise: PMI")
