China PMI Gauge Signals Softer Services Sector Growth
A private gauge of China’s service activity expanded at a slower clip in January, pointing in the same direction as official data as both demand and supply cooled at the start of the year.The Caixin services purchasing managers index fell to 51.
Russian services sector sees fastest growth in a year, PMI shows
Russia's services sector saw its fastest growth in a year in January, buoyed by a sharp increase in new business, a survey showed on Wednesday.
Services PMI loses growth momentum as it drops to 56.5 in January
After ending 2024 on a strong footing, service providers in India recorded a loss of growth momentum in January with HSBC India Services Business Activity Index, or services PMI for the month at 56.5 from 59.3 in December. New business intakes rose at the slowest pace since November 2023, curbing the upturn in business activity.
China's services activity grows at slower pace in Jan, PMI slips to 51
The Caixin survey showed that new business growth eased to a four-month low, while employment fell to the weakest since April 2024
Growth in India services sector slows to more than 2-year low in Jan, PMI shows
Growth in India's dominant services sector was the slowest in over two years in January amid cooling demand but remained historically strong and led to a substantial rate of hiring, a business survey showed on Wednesday.
India's Services Sector Growth Sees Slowest Pace of Growth in Over 2 Years in Jan: PMI
The seasonally adjusted HSBC India Services PMI Business Activity Index fell from 59.3 in December to 56.5 in January -- its lowest level since November
Growth in services sector slows to more than 2-year low: PMI survey
The HSBC final India Services Purchasing Managers' (PMI) Index, compiled by S&P Global, fell to 56.5 in January from 59.3 in December, lower than a preliminary estimate of 56.8 but ahead of the 50-mark separating contraction from growth. The index has been above the neutral 50-mark that separates contraction from expansion for 42 months straight.
Growth in India services sector slows to more than two-year low in January: PMI
GROWTH in India’s dominant services sector was the slowest in over two years in January amid cooling demand but remained historically strong and led to a substantial rate of hiring, a business survey showed on Wednesday (Feb 5).
India's services sector growth sees slowest pace of growth in over two years in January: PMI
India's services sector growth slows in January, but remains above 50; new export business rebounds, job creation accelerates.
South Africa business activity contracts again in January, PMI shows
South African private sector activity contracted sharply in January as output fell due to lower sales, a survey showed on ...
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Manufacturing PMI at 50.9%, wood and furniture dip
The Manufacturing PMI registered 1.7 percentage points higher compared to the seasonally adjusted 49.2 percent recorded in ...
USD/INR maintains position above 87.00 after HSBC PMI data release
USD/INR continues its upward momentum for the fourth consecutive day, trading around 87.10 during Wednesday’s Asian session.
UAE Non-Oil Business Sector Expands Robustly in January, PMI Shows
ABU DHABI (Reuters) - The UAE's non-oil private sector continued to expand robustly at the start of 2025, although capacity ...
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Saudi PMI advances to highest level since 2014 in January
The seasonally adjusted Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI), formerly SP Global Saudi Arabia PMI, rose ...
Germany's manufacturing PMI rises to an 8-month high of 45 points in January
Manufacturing PMI in Germany increased to an 8-month high of 45 points in January from 42.50 points in December, exceeding ...
Canadian factory PMI dips in January as trade war risk dents confidence
Canadian manufacturing activity increased at a slower pace in January as looming U.S. trade tariffs reduced confidence in the ...