LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » India News

India's factory output rises to 3-month high in May

Strengthening demand conditions accelerated the pace of India`s manufacturing sector output in May, a key economic indicator showed on Monday. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
India's factory output rises to 3-month high in May
Strengthening demand conditions accelerated the pace of India`s manufacturing sector output in May, a key economic indicator showed on Monday. Reuters
Written By: IANS
Updated: Mon, Jun 03, 2019
03:57 pm
New Delhi, IANS
RELATED NEWS
China's service sector grows at fastest pace in nearly six years in January China's service sector grows at fastest pace in nearly six years in January
India PMI Services grows to 50.9 in December as economy returns to growth India PMI Services grows to 50.9 in December as economy returns to growth
China services sector grows at fastest pace in 4 months in October: Caixin PMI China services sector grows at fastest pace in 4 months in October: Caixin PMI

Strengthening demand conditions accelerated the pace of India`s manufacturing sector output in May, a key economic indicator showed on Monday. As per the Nikkei India Manufacturing Purchasing Managers` Index (PMI), the composite indicator of manufacturing performance showed an index reading of 52.7 in May from 51.8 in April 2019. An index reading of above 50 indicates an overall increase in economic activity, or growth, and below 50 an overall decrease.

Besides, the latest figure pointed to the strongest improvement in the health of the sector for three months. Moreover, the current growth sequence was stretched to 22 months. According to Pollyanna De Lima, Principal Economist at IHS Markit and author of the report, "A revival in new order growth promoted a faster upturn in manufacturing production, as Indian firms sought to replenish inventories utilised in May to fulfil strengthening demand."

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Purchasing Manager's IndexNikke
RELATED NEWS
China's service sector grows at fastest pace in nearly six years in January China's service sector grows at fastest pace in nearly six years in January
India PMI Services grows to 50.9 in December as economy returns to growth India PMI Services grows to 50.9 in December as economy returns to growth
China services sector grows at fastest pace in 4 months in October: Caixin PMI China services sector grows at fastest pace in 4 months in October: Caixin PMI

LATEST NEWS

SBI Pension Loan: Former Central and state government employees, defence pensioners or family pensioners, this scheme tailor made for you; check interest rate

Exclusive: In chat with Anil Singhvi, SCI CMD Harjeet Kaur Joshi talks about divestment, business outlook and much more

On Anil Singhvi's show, Jay Thakkar reveals affordable option strategy II Earnings high, but margin, risk and brokerage low

MTAR IPO: Know allotment finalisation status, listing date and how to check subscription of shares

IRCTC, Ashok Leyland share price: Technical Analysis explained by Bonanza Portfolio

Trading in Rakesh Jhunjhunwala Stocks II Technical’s decoded by Bonanza Portfolio

Special Pick With Anil Singhvi: Here are top stocks to buy on International Women’s Day

Asus ROG Phone 5 set to launch in India on March 10: Here's all you need to know

MTAR Technologies IPO Subscription details: Retail investors expect bumper listing

Easy Trip Planners IPO date: Ventura Securities highlights details

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved