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India's manufacturing #PMI painted a notably positive picture for the sector in May.

The S&P Global India Manufacturing Purchasing Managers’ Index rose from 57.2 in April to 58.7 in May, according to media reports.

Read here: https://www.livemint.com/news/india/indias-manufacturing-pmi-hits-31-month-high-in-may-11685596285407.html
#MintCharts | India’s manufacturing sector seems to be picking up momentum as the purchasing managers index (#PMI) came in at 58.7 in May 2023.

The sector had put up strong reading of 57.2 in April too.
In May, India's services #PMI declined to 61.2 from 62.0 in April, according to media reports.

Read here: https://www.livemint.com/news/india/indias-services-pmi-declines-to-61-1-in-may-from-62-0-in-april-11685942090754.html
The Manufacturing Purchasing Managers' Index (#PMI), compiled by S&P Global, dipped to 57.7 last month from 57.8 in June, but was slightly higher than the Reuters poll expectation for 57.0.

Read here: https://www.livemint.com/news/indias-manufacturing-pmi-eases-for-second-month-to-57-7-in-july-11690866851299.html
S&P Global's India services purchasing managers’ index rose to 62.3 in July, its highest index since June 2010.

The services #PMI increased from 58.5 in June and remained above the 50-mark that separates growth from expansion for two years.

Read here: https://www.livemint.com/economy/indias-services-pmi-growth-at-13-year-high-of-62-3-in-july-11691040469148.html
JUST IN | India's factory activity expanded at the slowest pace in five months in Sept but remained solid, with strong demand driving business confidence to its highest level this year.

The Manufacturing Purchasing Managers' Index (#PMI), compiled by S&P Global, fell to 57.5 last month from 58.6 in August.

Read here: https://www.livemint.com/economy/indias-manufacturing-pmi-slows-marginally-to-57-5-in-september-11696315193879.html
#MintCharts | India’s services sector put up a strong show in September. The S&P Global India services Purchasing Managers’ Index (#PMI) stood at 61 last month, up from 60.1 in August. On the other hand, manufacturing activity grew at the slowest pace in five months.
#MintCharts | Amid global growth slowdown, India maintained its dominance in May when it attained the first position among its emerging markets’ peers. Strong #GDP growth and manufacturing #PMI numbers were a major boost during the month, according to the latest Mint Emerging Markets’ Tracker.

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