Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

April Manufacturing PMI at 54.9

2 May 2012Deepak Shenoy1 min read

Quick Facts

What is "April Manufacturing PMI at 54.9" about?
What category is this article in?: Economy
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 2 May 2012.
How long does this article take to read?: 1 min read
What topics does this article cover?: Macro

HSBC-Markit’s Purchasing Manager’s Index (PMI) for April 2012 came in at 54.9, marginally higher than the 54.7 in March.

PMI is a better indicator than IIP, but this data isn’t hugely positive or negative. We’ll wait for the services and composite PMI data to come in tomorrow.

Tagged:Macro