Capitalmind
Capitalmind
Actionable insights on equities, fixed-income, macros and personal finance Start 14-Days Free Trial
Actionable investing insights Get Free Trial
Charts & Analysis

PMI for April Shows Continued Contraction in Services

Share:

The HSBC Markit Purchasing Manager’s Index (PMI) for India for April 2014 is a little unimpressive, with the composite number at 49.5. (Anything below 50 is contraction, anything above is expansion)

image

This is on the back of slowing service growth – in this case, a contraction of the service index.

The Manufacturing Index though expanded, at 51.3.

image

Share:

Like our content? Join Capitalmind Premium.

  • Equity, fixed income, macro and personal finance research
  • Model equity and fixed-income portfolios
  • Exclusive apps, tutorials, and member community
Subscribe Now Or start with a free-trial