#services pmi

[newsresults]

PMI: Services sector to remain the Achilles heel of overall recovery

PMI: Services sector to remain the Achilles heel of overall recovery

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MUMBAI: India’s composite PMI Output Index continued to contract in August, dragged by the services sector. Reading for this index, which measures combined services and manufacturing output, stood at 46 in August. While an improvement from 34.2 in July, the index failed to top the crucial 50-mark, which separates expansion from contraction.

The overall decline was centred on the…

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[investortimes]

Business activity declines for the first time in over two years

#UKBusiness activity declines for the first time in over two years

The latest data for March has shown a marginal reduction in business activity across the UK service sector, ending just over two and a half years of sustained expansion.

The IHS Markit/CIPS UK Services PMI fell to 48.9 in March, down from 51.3 in February, falling below the 50.0 no-change mark for the first time since July 2016.

Aside from the brief dip after the EU referendum, the latest…

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[sheldonpintoo]

Services PMI gains momentum, rises to 52.5 in Feb from 52.2 in Jan

The services PMI was in the expansion territory for the ninth straight month

[investortimes]

UK Services PMI stronger in August at 54.3 | Up from 53.5 in July

UK Services PMI Business Activity Index reached its second highest level since February at 54.3, up from 53.5 in July

[goldsilverreports]

Services PMI Signals Slowdown in Demand

Gold Silver Reports – As the Reserve Bank of India’s monetary policy committee is all set to deliver its verdict onc on Wednesday, the purchasing managers index (PMI) readings for November indicate that the economy is still not out of the woods.

(more…)

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[stocknewspaper-blog]

"U.S. ISM services PMI unexpectedly increases in June" has been added to my site. Please visit for details. http://www.stocknewspaper.com/u-s-ism-services-pmi-unexpectedly-increases-in-june/

[thefinfinance-blog]

Trading day: #UK Services PMI worse than expected (52.7); Downward pressure on the #Pound.

Trading day: #UK Services PMI worse than expected (52.7); Downward pressure on the #Pound.

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