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

Manufacturing PMI for June 2014 at 51.5, Inflation Visible in Prices

Share:

The HSBC Markit Purchasing Managers’ Index (PMI) for Manufacturing, for June 2014 is at 51.5, indicating small expansion and is up from May’s 51.4. Remember above 50 is increasing growth, while below 50 is contraction.

 

image

According to HSBC, Inflation continues as both input and output prices have risen:

"Things are gradually improving in India’s manufacturing
sector. Output picked up in June, supported by growing
order flows, especially from overseas. The muted pace
will suit the RBI: since input and output prices are rising
as well, faster growth would only stoke inflation and
require tightening."

The Services PMI comes in on Thursday and we’ll see if this is true for Services as well.

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