The HSBC Markit Purchasing Managers’ Index (PMI) is at 50.3 and stagnant from last month’s 50.1. Remember, the numbers above 50 indicate expansion (higher numbers mean a higher rate) and below 50 are contraction.
What the big chief has said:
Manufacturing activity was […]
The HSBC Markit Purchasing Managers Index (PMI) is at 51.0 for April, the lowest since November 2011. Remember that anything about 50 is “expansion” and below 50 is contraction – so we’re still growing at an increasing rate, just not quite as fast as earlier.
While this […]
The HSBC Markit Purchasing Managers Index (PMI) comes in at 54.8, with the service part of the index slowing down while the manufacturing pace increased.
A number above 50 is still expansion but at a slower pace than earlier. Overall, the problem is that input price […]
The HSBC Markit Purchasing Managers Index (PMI) was at 56.3 in Jan 2013, indicating continuing expansion. The Index is based on both Manufacturing and Services inputs. The Manufacturing part the index expanded slower at 53.2 (from 54.7 in Dec), while the services part accelerated faster at 57.5 (from 55.6 in Dec).
The HSBC Market Purchasing Manager’s Index for September is at 55.0, a marginal increase over August’s 54.3. This is a composite indicator consisting of a manufacturing indicator (which is at 52.8) and a services indicator that’s at 55.8. Numbers above 50 show expansion, and below 50, contraction.
India’s July PMI (Purchasing Manager’s Index) dropped to 54.4, only marginally off the last month’s figure of 55.7. Anything above 50 is expansion so the growth story hasn’t really ebbed. The number is a composite of the services and manufacturing PMIs, the latter of which saw a fall to 52.9 from the 55 levels.
The HSBC Markit Purchasing Managers Index (PMI) has shown continued expansion in June, with the manufacturing PMI at 55, and the composite index (consisting of both manufacturing and services) going up to 55.7 from 55.3. For the PMIs, a print below 50 means contraction and above 50 is expansion.