FOREX TradingCharts.com

Financial News: India's Private Sector Growth At 14-Month High

India's Private Sector Growth At 14-Month High

01/04/2018 - 00:44:00 (RTTNews)

(RTTNews) - India's private sector activity expanded at the fastest pace in more than a year in December, survey data from IHS Markit showed Thursday.

The seasonally adjusted Nikkei India composite output index climbed to 53.0 in December from 50.3 in November. Any reading above 50 indicates expansion in the sector.

Following a decline in November, the Indian service sector returned to marginal growth during December.

The headline services Purchasing Managers' Index rose to 50.9 in December from 48.5 in the previous month.

New orders received by Indian service providers stagnated in December after falling in November.

Meanwhile, manufacturing orders climbed further and production growth quickened to the fastest in five years.

Reflecting improvements in output requirements, services companies raised their workforce numbers at the fastest rate since September.

"Encouragingly, service providers were offered some respite around inflationary pressures, as input cost inflation registered below the series trend," Aashna Dodhia, Economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


CCR: Company May Bid For Subway Lines In Peru And Colombia (09 min(s), 19 sec(s) ago)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story»

ARGENTINA: President Macri To Travel To Moscow To Meet Putin (39 min(s), 19 sec(s) ago)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story»

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products (33 min(s), 19 sec(s) ago)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story»

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December (25 min(s), 19 sec(s) ago)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story»

U.S. Consumer Sentiment Unexpectedly Deteriorates In January (48 min(s), 19 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story»

Nobel Laureate Shiller Predicts Total Collapse For Bitcoin: Report (57 min(s), 19 sec(s) ago)
(RTTNews) - Bitcoin may "totally collapse" though it may linger for a century, Nobel Laureate Robe ...Full Story»

Use Of Bitcoin Under Investigation In Bali (26 min(s), 19 sec(s) ago)
(RTTNews) - The Central Bank of Indonesia has launched an investigation to see if bitcoin is being ...Full Story»

UK Retail Sales Fall Most Since Mid 2016 (19 sec(s) ago)
(RTTNews) - UK retail sales in December declined more-than-expected from the previous month when c ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

CCR: Company May Bid For Subway Lines In Peru And Colombia

01/19/2018 - 15:43 PM (RTTNews)
(RTTNews) - Brazilian infrastructure firm Companhia de Concessões Rodoviárias (CCR) may take par ...Full Story>>

ARGENTINA: President Macri To Travel To Moscow To Meet Putin

01/19/2018 - 15:13 PM (RTTNews)
(RTTNews) - Argentinean President Mauricio Macri is expected to arrive at Moscow on Tuesday for a ...Full Story>>

ARGENTINA: U.S. To Eliminate Import Duties To More Than 700 Products

01/19/2018 - 15:07 PM (RTTNews)
(RTTNews) - Argentina will be able to export more than 700 products to the United States with a ze ...Full Story>>

ARGENTINA: International Reserves Increased To US$ 55.055 Bln In December

01/19/2018 - 14:59 PM (RTTNews)
(RTTNews) - The Argentinean central bank (BCRA) international reserves increased by US$ 491 millio ...Full Story>>

U.S. Consumer Sentiment Unexpectedly Deteriorates In January

01/19/2018 - 10:22 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of January, ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.