Who wrote this article?

Deepak Shenoy, Capitalmind's research team.

India PMI Dips to 53.6, But is Best of BRIC

1 Aug 2011Deepak Shenoy1 min read

Quick Facts

What is "India PMI Dips to 53.6, But is Best of BRIC" 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 August 2011.
How long does this article take to read?: 1 min read
What topics does this article cover?: Inflation, PMI

The HSBC Markit India Purchasing Managers Index PMI for July 2011 recorded another decline, moving down to 53.6. This is a 20 month low. The index above 50 is still expansion, and 53 means a lower pace than earlier but at least we’re expanding.

India PMI July 2011

But of the BRIC countries, we’re doing the best on manufacturing. China, Russia and Brazil are, in comparison, what’s the word, screwed. (All July Data)

China, Russia , Brazil PMIs

Tagged:Inflation PMI