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HSBC says service sector output drops in Dec for 6th consecutive month

Jan 06, 2014

HSBC says service sector output drops in Dec for 6th consecutive month

The HSBC/Markit Purchasing Managers Index for the services industry fell to 46.7 in December, registering the sixth consecutive monthly drop in output levels, the longest period of continuous reduction since the 2008/2009 global financial crisis. #NewsTracker #PMI #Asean #Purchasing Managers Index #Reserve Bank #MARKIT #services sector #HSBS #Composite Output Index
Another headache for UPA: India services PMI falls for first time in nearly 2 years

Aug 05, 2013

Another headache for UPA: India services PMI falls for first time in nearly 2 years

Companies in India's vast services sector suffered a fall-off in activity for the first time in nearly two years in July, according to a survey released on Monday, hurting chances for a recovery in growth in the country. #Economy #Numbers #GDP #Growth #services sector #HSBC Markit Services Purchasing Managers' Index
China's manufacturing growth falls to 11-month low

Jul 24, 2013

China's manufacturing growth falls to 11-month low

The flash HSBC/Markit Purchasing Managers' Index fell to 47.7 this month from June's final reading of 48.2, marking a third straight month below the watershed 50 line which demarcates expansion of activities from contraction. #Numbers #China #China economy #HSBC/Markit Purchasing Managers' Index
It's official. Eurozone back in recession, PMI data shows

Jul 24, 2012

It's official. Eurozone back in recession, PMI data shows

In a further blow to policymakers battling a raging debt crisis, the downturn that began in the eurozone's smaller economies has become entrenched in the core countries of Germany and France. #Numbers #manufacturing #Eurozone crisis #MARKIT
China March services sees expansion, PMI at 53.3

Apr 05, 2012

China March services sees expansion, PMI at 53.3

China's fast-growing services sector expanded again in March as business confidence hit an 11-month high, a private sector survey of firms said on Thursday. #NewsTracker #Republic of China #Economic growth #Consumer Confidence Index #Purchasing Managers Index #MARKIT
Eurozone back in recession? Declining PMI suggests so

Apr 04, 2012

Eurozone back in recession? Declining PMI suggests so

Markit's Eurozone Composite Purchasing Managers Index (PMI), which gauges how thousands of companies fare each month, edged down to 49.1 in March from 49.3 in February, slipping further below the 50 mark. #Numbers #Euro #Eurozone #European Central Bank #Recessions #Purchasing Managers Index #MARKIT
March services PMI at 5 month low on poor biz sentiment

Apr 04, 2012

March services PMI at 5 month low on poor biz sentiment

HSBC Markit Business Activity index fell sharply to 52.3 in March from 56.5 the previous month, though it remained above the 50 level that divides growth from contraction for a fifth month. #Inflation #Numbers #Bangalore #food prices #Deflation #HSBC Holdings PLC #HSBC Markit Business Activity #Leif Eskesen
China factory activity shrinks for third month

Feb 01, 2012

China factory activity shrinks for third month

The HSBC final manufacturing purchasing managers index for China stood at 48.8 in January, a reading signalling contraction albeit at the slowest pace in three months. #China #HSBC #Markit Group #HSBC PMI
After PMI, India's services sector sees spike, grows at 54.2

Jan 04, 2012

After PMI, India's services sector sees spike, grows at 54.2

India's services sector grew at its fastest pace in five months in December, riding on a surge in new business and expansion in employment. #Inflation #Reserve Bank of India #Monetary policy #Purchasing Managers Index #HSBC Markit Business Activity
September factory output crawls, rate hike is the villain

Oct 03, 2011

September factory output crawls, rate hike is the villain

The HSBC Markit India Manufacturing PMI fell more than two points to 50.4 from 52.6. The 50 mark makes a distinction between growth and contraction. #HowThisWorks #Stock market #Investment #HSBC #Markit Group