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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
India's manufacturing activity falls for third straight month: HSBC

Nov 01, 2013

India's manufacturing activity falls for third straight month: HSBC

India's manufacturing sector activity contracted for the third straight month in October amid falling levels of production and new orders, as the business climate within the country remained tough, an HSBC survey said today. #Numbers #Economics #manufacturing sector #HSBC Survey #Manufacturing Purchasing Managers' Index
Factory activity shrinks again, but this time at a slower pace: Survey

Oct 01, 2013

Factory activity shrinks again, but this time at a slower pace: Survey

Factory activity in India shrank for a second month in September, albeit not as sharply as in August, on a dearth of new orders which pushed firms to cut staff, a survey showed on Tuesday. #HowThisWorks #Economy #HSBC #Purchasing Managers Index #Manufacturing PMI
More pain ahead: August factory output shrinks for first time since 2009

Sep 02, 2013

More pain ahead: August factory output shrinks for first time since 2009

The bleak Purchasing Managers' Index (PMI) comes hard on the heels of data on Friday that showed Asia's third-largest economy grew at it slowest quarterly rate in the three months to June since the global financial crisis, suggesting more pain ahead. #Numbers #RBI #Indian rupee #Manufacturing output #Purchasing Managers Index #GDP data #HSBC Manufacturing PMI
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. #Numbers #Economy #GDP #Growth #services sector #HSBC Markit Services Purchasing Managers' Index

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

Aug 21, 2014

How High Can the Utilities Go?

Wednesday's release of the FOMC minutes revived the debate over when the Fed might raise rates and has added further focus on Friday's Jackson Hole meetings. The Nasdaq 100, which has been leading the market, was flat for the day while the small-cap ...
Another headache for UPA: India services PMI falls for first time in nearly 2 years

Aug 05, 2014

Euro Sinks Against The Buck On Soft Data

The euro fell against the U.S. dollar to below $1.34 on Tuesday as new purchasing managers’ indexes surfaced confirming the eurozone’s recovery remains wobbly and its outlook uncertain. The forex market has already endured its share of curve balls bu... #China #HSBC #Forex
Another headache for UPA: India services PMI falls for first time in nearly 2 years

Sep 01, 2014

UK economic recovery? It just can't get any better, any time soon

Latest PMI figures showing UK manufacturing activity slowing suggests the sector has reached full capacity The best days of the recovery are behind us. That seems to be a reasonable conclusion from the latest factory data, which shows the growth in o... #China #HSBC #Forex