Subscribe to #BankIQ (A Study IQ Initiative) – http://bit.ly/2SBJAy9

Download Videos PDFs – http://bit.ly/2QxyNmJ

source

37 replies
  1. Prashant Kumar
    Prashant Kumar says:

    ‘Purchasing Managers’ index’ is considered as an indicator of the economic health and investor sentiments about the manufacturing sector .There is services PMI as well.

    In a PMI data, a reading above 50 indicates economic expansion, while a reading below 50 points shows contraction of economic activities.

    The PMI is constructed separately for manufacturing and services sector. But the manufacturing sector holds more importance.

    Reply
  2. shubham nema
    shubham nema says:

    Composite Pmi in India is reported by Markit Economics. 
    India Composite Pmi

    In India, the Nikkei India Composite Output Index is a weighted average of the Manufacturing Output Index and the Services Business Activity Index and tracks business trends across private sector activity, based on data collected from a representative panel of around 800 companies. The index tracks variables such as sales, new orders, employment, inventories and prices. A reading above 50 indicates expansion in business activity and below 50 indicates that it is generally declining. . This page provides – India Composite Pmi- actual values, historical data, forecast, chart, statistics, economic calendar and news. India Composite Pmi – actual data, historical chart and calendar of releases – was last updated on April of 2019.

    Reply

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *