{"id":4590,"date":"2022-10-07T00:00:00","date_gmt":"2022-10-07T00:00:00","guid":{"rendered":"https:\/\/www.nextias.com\/current_affairs\/uncategorized\/07-10-2022\/purchasing-managers-index-pmi\/"},"modified":"2022-10-07T00:00:00","modified_gmt":"2022-10-07T00:00:00","slug":"purchasing-managers-index-pmi","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs\/07-10-2022\/purchasing-managers-index-pmi","title":{"rendered":"Purchasing Managers&#8217; Index (PMI)"},"content":{"rendered":"<p><span style=\"font-size:13pt\"><span style=\"font-family:\"Book Antiqua\",serif\"><strong>In News<\/strong><\/span><\/span><\/p>\n<ul>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">Recently, The PMI data was released which showed that India&#8217;s service sector activity has lost growth momentum<\/span><span style=\"font-size:11pt\"> <\/span><span style=\"font-size:12pt\">and eased to a six-month low due to slow new business inflows amid inflationary pressures and competitive conditions.\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-size:13pt\"><span style=\"font-family:\"Book Antiqua\",serif\"><strong>About<\/strong><\/span><\/span><span style=\"font-size:12pt\"><span style=\"font-family:\"Book Antiqua\",serif\"> <\/span><\/span><span style=\"font-size:13pt\"><span style=\"font-family:\"Book Antiqua\",serif\"><strong>Purchasing Managers&#8217; Index (PMI)<\/strong><\/span><\/span><\/p>\n<ul>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">The PMI data is <\/span><span style=\"font-size:12pt\">released at the beginning of every month.<\/span><\/li>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">It is an <\/span><span style=\"font-size:12pt\"><strong>indicator of the overall health of the economy.<\/strong><\/span><span style=\"font-size:12pt\">\u00a0\u00a0<\/span><\/li>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">The purchasing managers&#8217; index (PMI) is an <\/span><span style=\"font-size:12pt\"><strong>economic indicator<\/strong><\/span><span style=\"font-size:12pt\"> based on <\/span><span style=\"font-size:12pt\"><strong>surveys of businesses in a given sector<\/strong><\/span><span style=\"font-size:12pt\">.<\/span><\/li>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">The most common PMI surveys are the <\/span><span style=\"font-size:12pt\">manufacturing PMI and the services PMI.<\/span>\n<ul>\n<li style=\"list-style-type:disc\"><span style=\"font-size:12pt\">It is based on a <\/span><span style=\"font-size:12pt\"><strong>monthly survey of supply chain managers across 19 industries<\/strong><\/span><span style=\"font-size:12pt\">, covering both upstream and downstream activity.\u00a0<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><span style=\"font-size:12pt\"><span style=\"font-family:\"Book Antiqua\",serif\">Source: <\/span><\/span><a href=\"https:\/\/indianexpress.com\/article\/business\/economy\/india-services-growth-slumped-to-6-month-low-in-september-on-cooling-demand-pmi-8192574\/\" style=\"text-decoration-line:none\" target=\"_blank\" rel=\"noopener\"><span style=\"font-size:12pt\"><span style=\"font-family:\"Book Antiqua\",serif\"><span style=\"color:#1155cc\">IE<\/span><\/span><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In News Recently, The PMI data was released which showed that India&#8217;s service sector activity has lost growth momentum and eased to a six-month low due to slow new business inflows amid inflationary pressures and competitive conditions.\u00a0 About Purchasing Managers&#8217; Index (PMI) The PMI data is released at the beginning of every month. It is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4591,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21],"tags":[26],"class_list":["post-4590","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","tag-gs-3"],"acf":[],"jetpack_featured_media_url":"https:\/\/wp-images.nextias.com\/cdn-cgi\/image\/format=auto\/ca\/uploads\/2023\/07\/1777257Screenshot_20221007-123332_Android System.jpg","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/4590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=4590"}],"version-history":[{"count":0,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/4590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media\/4591"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=4590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=4590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=4590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}