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50 ArticlesPMI

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March PMIs Still Show Strong Expansion

The HSBC Markit Purchase Managers Index (PMI) is still going strong in March. The Composite Output PMI is at 60 (anything above 50 is an expansion), a tad ...

India Composite PMI goes to 61 from 59.6 in Feb

HSBC India Composite PMI has gone to 61.0, up from January’s 59.6. Services has strongly increased the PMI – the composite is a mix of the ...

HSBC India Manufacturing PMI: Up at 57.9

HSBC’s India Purchase Managers’ Index (PMI) is up to 57.9 from last month’s 56.8. The PMI is an early indicator, which quantifies the orders ...

PMI grows in Jan as well

Markit has released data on both the Manufacturing and Composite Purchase Managers’ Index for Jan. They came in at 56.8 and  59.6 respectively. As ...

India December PMI at 58.9, Dips From Nov

From Markit, the HSBC India Services PMI (Purchase Managers’ Index) showed a dip to 58.9 from November’s 61.3. One piece that needs focus: December data ...

India October PMI Up to 57.2

The HSBC Markit October India Manufacturing Purchasing Manager’s Index (PMI) was released today and it bumped back up to 57.2 from the 55 levels last month. ...

India PMI drops to 56.3

The HSBC Purchasing Managers Index (PMI) shows a sharp fall from the 60.3 number in Aug to 56.3 in September. (Source: Markit) A figure above 50 indicates ...

Munger’s Chutzpah, Overheating India, PMI

Mish is pissed at Charlie Munger’s Gall, Chutzpa and Unmitigated Effrontery when Munger thanked God Bailouts were given rather than handouts. I agree with ...

India PMI dips slightly to 61.9

Markit’s released India’s HSBC Purchasing Managers’ Index for July 2010. The index fell to 61.9 in July, down slightly from 62.8 in June. Remember, the ...

Inflation at 0.26%, IIP at -1.2%, PMI still underwater

WPI Inflation has come down to 0.26%, an all time low. The 10 year bond yield suddenly dropped from 6.95% yesterday to 6.69% today, something quite strange as ...