Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

India Manufacturing PMI Rockets Up To 57.5

1 Feb 2012Deepak Shenoy1 min read

Quick Facts

What is "India Manufacturing PMI Rockets Up To 57.5" about?
What category is this article in?: Charts And Analysis
Who wrote this article?: Deepak Shenoy, Capitalmind's research team.
When was this article published?: Published 1 February 2012.
How long does this article take to read?: 1 min read
What topics does this article cover?: PMI

The HSBC Markit Purchasing Managers Index (PMI) has moved substantially up to 57.5. Numbers above 50 indicate expansion, and below 50 are contraction.

While demand has recovered, inflation remains high, according to the press release. This can only mean that we are going to need further measures to curb inflation. The impact of a strong dollar hasn’t quite hit us as yet, it seems. (Either that, or it’s the exporters that are buying!)

Tagged:PMI