Manufacturing PMI slips to a 12-month low of 56.4 in Dec. what’s Manufacturing PMI index and its implication on Economy & stock markets ?
Recently, I read news on Economic times that publishes, HSBC India Manufacturing Purchasing Managers’ Index declined to 56.5 in November, compared with 57.5 the previous month. So I thought lets dig deep into this macroeconomic event today. HSBC India Manufacturing Purchasing Managers’ Index (PMI) The HSBC India Manufacturing Purchasing Managers’ Index (PMI) is an economic […]