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Purchasing Managers’ Index (PMI)

  Jul 18, 2021

Purchasing Managers’ Index (PMI)

Q. Why is this in news?
A.
India’s manufacturing industry has slid back to a decline in June, as per the IHS Markit Manufacturing Purchasing Managers’ Index (PMI).
 
Q. What is Purchasing Managers’ Index?
A.
 
Q. How is the PMI derived?
A.
 
Q. How does one read the PMI?
A.
 
Q. What are its implications for the economy?
A.