Purchasing Managers’ Index (PMI)
- The growth of India’s domestic factory orders and production slowed to a 10-month low in May, 2021, as most states restricted businesses to contain the spread of Covid-19.
- The IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) slipped to 50.8 in May from 55.5 in April, 2021. That was just above the 50 mark separating growth from contraction. In May 2020, manufacturing activity had contracted, with the PMI falling to 30.8.
About PMI
- It is an indicator of business activity --both in the manufacturing and services sectors.
- It is a survey-based measure that asks the respondents about changes in their perception of ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Threatened Freshwater Species of Western Ghats
- 2 Shikari Devi Wildlife Sanctuary's Designated as Eco-Sensitive Zones
- 3 Indore and Udaipur Achieve Wetland City Accreditation
- 4 Industrial Clusters
- 5 Quadrantid Meteor Shower Peaked in January
- 6 New Glenn Rocket Successfully Reaches Orbit
- 7 Vikas Engine Restart for Reusability
- 8 Stargate
- 9 Armenia to Begin European Union Membership Bid
- 10 India-France Foreign Office Consultations
