Service sector

China's services sector contracts in August after lockdowns

The measure for factory activity, manufacturing PMI, came in at 50.1 in August from July's 50.4. Anything above 50 indicates expansion, while below that figure points to contraction.

published on : 31st August 2021

India's services sector activities slump at fastest rate in 11 months in June: PMI

In Purchasing Managers' Index parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

published on : 5th July 2021

India's service sector activities slumped into contraction territory for May 2021: PMI

The seasonally adjusted India Services Business Activity Index fell to 46.4 in May, down from 54.0 in April, as the intensification of the COVID-19 crisis caused renewed declines.

published on : 3rd June 2021

India's services sector activities eased to 3-month low in April amid COVID crisis

Lima further noted that firms foresee higher output volumes over the course of the coming year, but business sentiment was dampened by worries surrounding the pandemic.

published on : 5th May 2021