Page 3 - Pmi Services
Services sector grows fastest since October 2016 to 54.2 in July: PMI
Price pressures, among other factors, to keep central bank on toes
 "Services sector grows fastest since October 2016 to 54.2 in July: PMI")
Manufacturing PMI eases to 52.3 in July as new orders, output rise
The PMI in July went down to 52.3 from 53.1 in June
 "Manufacturing PMI eases to 52.3 in July as new orders, output rise")
Services growth under par
Unless June growth is very high, current quarter won't be great
Services sector takes a hit in May; contracts because of weak demand: PMI
The survey also showed firms were turning more cautious about hiring, with the pace of job creation easing to the weakest so far this year
 "Services sector takes a hit in May; contracts because of weak demand: PMI")
Services sector grows in March, spurs fastest hiring spree in 7 years: PMI
After taking a big hit in February, the Nikkei/IHS Markit Services PMI managed to narrowly push back above the 50-mark that separates growth from contraction, rising to 50.3 last month from 47.8
PMI services drops to 3-month low in November as GST cools demand
Services, the biggest sector of India's economy, slipped into contraction in November due to the Goods and Service Tax (GST) affecting demand, shows widely-tracked Nikkei purchasing managers' index (PMI). PMI fell to 48.5 points in November from 51.7 in the previous month. The November reading was the lowest since August. A reading above 50 points denotes expansion and one below that is contraction. This implied that the country's growth story will take time to pick up significantly after the economic expansion did rise to 6.3 per cent in the second quarter from 5.7 per cent in the first one.Even then, RBI might not cut its policy rate on Wednesday as input prices are rising due to food, fuel and higher taxes.However, employment scenario gave some relief as jobs rose in the services sector despite fall in activities."Business under performance emanated from July's Goods and Services Tax (GST) which contributed to sluggish demand and lower customer turnout, according to anecdotal ...
 "PMI services drops to 3-month low in November as GST cools demand")
PMI Services activity grows for second straight month in October to 51.7
The Nikkei India Services PMI Business Activity rose to 51.7 in October, from 50.7 in September
 "PMI Services activity grows for second straight month in October to 51.7")
Slowdown due to demonetisation: PMI services shrinks in November after 17 months
Nomura forecasts slowdown in GDP growth to 6.5% in December quarter
 "Slowdown due to demonetisation: PMI services shrinks in November after 17 months")
Services PMI at 42-month high in August
But firms cut work force slightly
 "Services PMI at 42-month high in August")
