The London based Global information provider, IHS Markit Limited has reported that the Purchasing Managers’ Index (PMI) of the Indian Manufacturing Sector has risen to 52.7 percent in the last month of 2019. According to the IHS Markit Company, India’s PMI in manufacturing sector during the year 2019 was: 51.2 percent in November, 50.6 percent ..
Purchasing Managers' Index: GK, Current Affairs, Questions, Trivia and News
The Nikkei India Manufacturing Purchasing Managers Index (PMI), improved to 52.7 in May from 51.8 in April. It was the strongest improvement in the health of the sector in three months. Purchasing Managers Index The Purchasing Managers’ Index (PMI) presents the prevailing direction of economic trends in the manufacturing and service sectors. It is a ..
There are two key parameters that the government and private sector analysts use to gauge the level of activity in the manufacturing sector. They are the Index of Industrial Production (IIP) and the Manufacturing Purchasing Managers’ Index (PMI). Difference between IIP and PMI PMI is a private sector survey while the IIP is gauged by ..