Which of the following companies publishes Purchasing Managers’ Index (PMI)?
Which of the following companies publishes Purchasing Managers’ Index (PMI)?
[A]National Stock Exchange of India Limited
[B]BSE Institute Limited
[C]Markit
[D]HSBC Analytics
Markit
The Purchasing Managers’ Index (PMI) is an economic indicator of business activity, is published by Markit Limited. The index is a survey-based measure in the manufacturing and services sectors. The index figure above 50 denotes expansion in business activity and anything below 50 denotes contraction. The Markit limited is a leading global diversified provider of financial information services. It provides independent data, trade processing of derivatives, foreign exchange and loans, customised technology platforms and managed services.