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SEPTEMBER 2023 PMI
Global Market: UK business growth cools as inflation pressures build in SeptemberBritish business activity weakened in September, with the services PMI falling to a three-month low while inflationary pressures intensifie...- Eurozone business activity near 3.5-year high in SeptemberAccording the Eurozone purchasing managers' index (PMI) published by S&P Global, the region's business activity grew the fastest in Septemb...
- UK business activity cools as inflation pressure ramps up, PMI showsBritish business activity growth has slowed this month amidst pressures of inflation, showed a S&P Global survey on Wednesday. Prices charg...
- Strong demand boosts US services sector activity in AugustU.S. services sector activity grew in August, with new orders reaching a 3-1/2-year high. Input prices also increased, suggesting inflation...
- Euro zone business activity returns to growth in July for first time in four months, PMI showsEuro zone business activity returned to growth in July for the first time in four months, driven by a rebound in new orders and stronger ma...
- Rupee, government bonds to track RBI decisionThe Indian rupee faces persistent headwinds, hitting a record low, with central bank intervention anticipated for support. While the RBI is...
- US manufacturing rebounds in January; inputs prices paid measure surgesUS manufacturing experienced growth for the first time in over two years in January, driven by strong orders and tax cut hopes. However, ta...
- 2024 ends on positive note as business activity hits 4-mth highIndia's business activity reached a four-month high in December, driven by increased output in both goods and services sectors. The composi...
- Gold slips as dollar strengthens; investors await US dataGold prices decline, breaking a four-session rally as the dollar strengthens. Investors await key U.S. economic data to gauge the Federal R...
- US manufacturing drops to 15-month low in OctoberUS manufacturing hit a 15-month low in October, with the PMI falling to 46.5, due to a strike by Boeing factory workers. The production of ...
- US service sector activity accelerates to 1-1/2-year high; employment decliningU.S. services sector activity surged to a 1-1/2-year high in September due to strong growth in new orders. This suggests the economy stayed...
- Gold holds near record high as Fed minutes fuel rate-cut betsGold prices hovered near record highs as minutes from the U.S. Federal Reserve's latest meeting indicated a potential September interest ra...
- RBI MPC: Service exports growth rate plunges from a year agoWhile India’s service exports grew amid falling merchandise exports, the growth rate appears to have dropped compared to last year.
- Manufacturing sector gains ground on pharma, motor vehicles, cement sectors; capacity utilisation upWhile global demand may have remained weak, India’s manufacturing sector gained ground in July-August 2023.
- Gold may decline as Friday's US bonds relief rally likely to be testedThe US Federal Reserve, in a widely expected move, skipped a rate hike at its FOMC monetary policy meeting concluded on September 20. Howev...
- Japan's factory activity shrinks, service sector growth slows in Sept - PMIFactory activity in Japan fell to the lowest since June as new orders plunged rapidly in last seven months, as per the survey. The PMI rema...
- August cheer: Numbers show economy on firm groundIndia's goods and services tax (GST) increased by 11% in August to ₹1.59 lakh crore, maintaining strong growth. Other high-frequency indica...
- Electric bus maker PMI Electro in talks to raise Rs400 crorePMI Electro Mobility, India's largest electric bus manufacturer, is in talks with investors to raise ₹400 crore. It plans to primarily depl...
- Services up, growth can't be far behind?The rise in interest rates has led to a decline in the interest coverage ratio (used to determine how easily a company can pay interest on ...
- China's factory, services activity skids on persistent COVID curbsThe official manufacturing purchasing managers' index (PMI) fell to 49.2 from 50.1 in September, the National Bureau of Statistics (NBS) sa...
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