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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
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