Services activity in India rose at the quickest pace in three months in the month of November, thus supporting a sharp expansion in services output and further job creation.
Favourable demand for services continued to underpin the increase in new business and output at the start of the third quarter of the current financial year.
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) was up from 55.1 in September to 55.3 in October, above its long-run average (53.7) and indicating a stronger improvement in the health of the sector.
New Delhi [India], September 1 (ANI): A sustained improvement in demand boosted new orders for Indian manufacturers during August, which pushed manufacturing output growth to a nine-month high, a monthly survey showed.
New Delhi [India], August 3 (ANI): Services activity in India decreased in the month of July as the S&P Global India Services Purchasing Managers' Index (PMI) showed degrowth in comparison to the previous month, thereby hitting a four-month low.
New Delhi [India], August 1 (ANI): India's manufacturing sector activity gained momentum in July to hit an eight-month high driven by marked gains in growth of new business and output, a monthly survey showed.
India's New Delhi [India], July 5 (ANI): Services activity in India has increased in the month of June as the S&P Global India Services Purchasing Managers' Index (PMI) showed a growth in comparison to the previous month, thereby hitting an eleven-year high.
New Delhi [India], Sep 3 (ANI): The Indian service sector growth resumed in August as Covid-19 pandemic continued to recede and vaccine access improved, according to the latest IHS Markit Services Purchasing Managers' Index (PMI) released on Friday.
New Delhi [India], Sep 1 (ANI): Growth of manufacturing production in India was curbed in August by the pandemic and rising input costs, according to the latest IHS Markit Manufacturing PMI released on Wednesday.