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PMI SERVICES GROWTH
India's services growth hits six-month high on domestic demandIndia's service sector experienced its fastest expansion in six months in May, driven by robust demand and new business wins. Manufacturing...- Global Market: China's services sector growth hits three-month high in May, demand improvesChina's services sector experienced its fastest growth in three months during May, driven by robust domestic demand and a rebound in overse...
- India faces test of oil, inflation and monsoon risks despite economic resilience, FinMin report showsIndia's economy shows cautious resilience. Domestic strengths support the outlook despite global challenges. Manufacturing and services are...
- Private sector activity eases in May; HSBC flash PMI slips to 58.1 amid West Asia conflictIndia's private sector activity saw a slight dip in May. New orders, output, and exports grew slower. This slowdown was influenced by the W...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- US manufacturing activity rises to four-year high in May, S&P Global survey showsAmerican factories saw a significant boost in May, reaching their highest activity level in four years. Businesses are stocking up on goods...
- Iran war dampens India private sector growth, services pick up, PMI showsIndia's private sector growth slowed in May. Manufacturing faced a slowdown, impacting new orders and production. Services saw a marginal i...
- Rupee seen testing record lows; bonds to extend fall on Iran war jittersThe Indian rupee is poised to hit record lows as investors grapple with growth-inflation risks stemming from the Iran war. Rising Brent cru...
- Supply-chain stress that peaked in covid heads higher againRising logistics costs and delivery times are pressuring central banks, with some indicators reaching multi-year highs, signaling potential...
- India services activity hits 5-month high in April on strong domestic demand: HSBC PMIIndia's services sector saw strong growth in April, reaching a five-month peak. Domestic demand and new orders fueled this expansion. Manuf...
- India services growth picks up in April on strong domestic demand, PMI showsIndia's services sector saw growth in April, boosted by strong domestic demand. This rise followed a dip in March. However, global orders s...
- China's factory activity expands more as Iran war risks mountChina's factories saw growth for a second month in April. Exporters are shipping goods early, fearing higher costs from the Iran conflict. ...
- US stocks today: US stocks close lower on fading hopes for quick Iran deal, mixed quarterly earningsU.S. stocks declined amid escalating Iran war concerns and mixed earnings. Hopes for a swift resolution dimmed as Iran tightened control ov...
- India’s private sector gains momentum in April on manufacturing strengthIndia's private sector activity gained pace in April. Manufacturing led the growth with increased output and new orders. Businesses expande...
- Iran war, oil shock fail to dent India’s private sector growth as April PMI risesIndian businesses saw activity PMI grow in April. Manufacturing and services rebounded strongly. This happened even with rising costs from ...
- US Stock Market | Rising Costs, Slower Growth: Services data signals sticky inflation riskUS services growth slowed in March as inflation pressures surged amid rising fuel costs and Middle East tensions. While demand remained res...
- India services growth slows to 14-month low in March amid rising costs, weak demandIndia's services sector saw its slowest growth in 14 months during March. This slowdown was influenced by the Middle East conflict affectin...
- India's FY27 GDP growth forecast downgraded to 6.8-6.9% amid energy supply disruptions: ReportICICI Bank has updated its GDP growth outlook for India, reducing it to a range of 6.8-6.9 percent for the fiscal year 2027. This alteratio...
- Global Economy: Factory input costs soar worldwide as Iran war snarls up supply chainsDisruptions led to delivery delays and price hikes, masking underlying weak demand. While some European economies saw growth, Asian manufac...
- Services PMI contracts for first time in 3 monthsThe Nikkei-IHS Markit Services Purchasing Managers’ Index declined to 49.6 in May from 51.4 in April. A reading below 50 on this surveybase...
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