Page-2 of PMI Current Affairs, GK & News

Services PMI contracts to 47.8 in February 2018

The Nikkei India Services Business Activity Index contracted at 47.8 in February 2018 compared with 51.7 in January 2018. A reading above 50 implies an expansion while one below 50 denotes a contraction. The contraction shows that activity and new work in services sector declined for the first time since November 2017, with rates of ..

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Manufacturing growth falls to four-month low in February 2018: PMI

According to Nikkei India Manufacturing Purchasing Managers Index (PMI), India’s manufacturing sector activity fell to four-month low in February 2018 as factory output and new business orders rose at slower pace. The monthly PMI fell to 52.1 in February 2018 from 52.4 in January 2018, indicating modest improvement in operating conditions. A reading above 50 ..

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