Page 3 - Latest Updates on Services PMI
Services activity rebounds in July, expands at fastest pace in a year: PMI
A sub-index tracking overall demand showed new orders increased at the quickest pace in nearly three years, driven largely by foreign demand
 "Services activity rebounds in July, expands at fastest pace in a year: PMI")
Services sector shrinks for first time in 13 months, PMI falls to 49.6
Index fell from 50.2 in May, largely due to stagnant sales showed the data, which came ahead of Economic Survey for FY19
 "Services sector shrinks for first time in 13 months, PMI falls to 49.6")
Services growth sinks to one-year low in May, dented by elections: PMI
Optimism about the next 12-months improved slightly and firms increased the pace of hiring to the fastest in three months
 "Services growth sinks to one-year low in May, dented by elections: PMI")
February services PMI shows uptick, overall inflation rate softens
Upbeat demand conditions in the domestic demand fed through to the labour market, with services sector jobs expanding at the same solid rate that was registered at the start of 2019
 "February services PMI shows uptick, overall inflation rate softens")
Services PMI gains momentum, rises to 52.5 in Feb from 52.2 in Jan
The services PMI was in the expansion territory for the ninth straight month
 "Services PMI gains momentum, rises to 52.5 in Feb from 52.2 in Jan")
Services PMI dips for second month on rising expenses, domestic slowdown
It fell to 52.2 in Jan from 53.2 in Dec, but firms continued to hire
Services PMI growth slows down: Is the demand in the sector fading?
Input cost inflation quickens to fastest since November 2017
 "Services PMI growth slows down: Is the demand in the sector fading?")
India's August services PMI falls from 21-month peak on weakest growth
The seasonally adjusted Nikkei India Services Business Activity Index, fell from July's peak of 54.2 to 51.5
Services activities shrink in May for the second time in four months: PMI
PMI for services fell to 49.6 in May from 51.4 in April as new business orders stagnated and cost pressures intensified
India's services industry contracts in Feb as inflation hits demand: PMI
The seasonally adjusted Nikkei India Services Business Activity Index fell from 51.7 in January to 47.8 in February, its lowest level since August.
 "India's services industry contracts in Feb as inflation hits demand: PMI")
Services PMI down in Nov as GST subdues domestic, foreign demand
November's Nikkei/IHS Markit Services Purchasing Managers' Index fell to 48.5 - its lowest since August - from 51.7 in October
 "Services PMI down in Nov as GST subdues domestic, foreign demand")
GST pulls down July services PMI to 45.9, lowest level since Sept 2013
Manufacturing PMI contracted to 47.9 points in July, down from 50.9 in June
 "GST pulls down July services PMI to 45.9, lowest level since Sept 2013")
GST impact: July services PMI contracts to 45.9, lowest since Sept 2013
The latest survey is the first time in six months where the services reading was below the 50 mark
May services sector growth fastest in seven months
Services PMI rises to 52.2 in May, up from 50.2 in April
 "May services sector growth fastest in seven months")
Services growth at 5-month high: PMI
Services PMI jumps to a five-month high on rise in new orders
 "Services growth at 5-month high: PMI")
Services PMI expands again in March, hits five-month high at 51.5
Purchasing Managers' Index rose to 51.5 in March
 "Services PMI expands again in March, hits five-month high at 51.5")
Services PMI returns to growth after 3 months of note ban-led contraction
However, the year-ahead outlook for the services sector remained subdued
 "Services PMI returns to growth after 3 months of note ban-led contraction")
Services PMI contracts for 2nd month in a row
Signals deceleration in Q3 GDP
Indian services activity contracts for second straight month after note ban
"The Indian service economy ended 2016 on a grim note
 "Indian services activity contracts for second straight month after note ban")
Services PMI gathers pace on new orders
Services sector activity accelerates in October to 54.5
 "Services PMI gathers pace on new orders")
