Tag Archives: India’s Economy

About: Purchasing Manager Index (PMI)

About: Purchasing Manager Index (PMI) The Nikkei India Manufacturing PMI, compiled by IHS Markit, is based on data compiled from monthly survey responses by purchasing managers in more than 400 manufacturing companies, on various factors that represent demand conditions.Note: It is also sometime referred to as IHS Markit India Manufacturing PMI. PMI measures activity at the purchasing or input stage. It is very different from industrial production which is

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Pakistan’s economy and IMF’s help

Headline : Either way, the news is bad Editorial 20th Apr’19 TheHindu Pakistan’s economy in free-fall: Pakistan’s economy is in ruins, with almost every indicator deteriorating substantially. Inflation: Inflation, at 9.4%, is at its highest level in five-and-a-half years and is likely to rise to double digits for the months ahead. Currency depreciation: The Pakistani rupee continues to lose value regularly, which adds

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