The Manufacturing & Service PMI data relaesed by HSBC every Month has shown positive sentiment .
The Service PMI has gone up to 55.6 in December from 52.1 in November . Points above 50 is considered good and below 50 is considered negative. In India service sector constitute 60% of the GDP and such a aggressive improvement is good for the Economy .
The Manufacturing PMI has gone up to 54.7 in December from 53.7 in November 2012 . This is the highest in last six Month .
The IIP growth of 8.2% in October was a big surprise for all the Investors and Economist and the positive PMI data is giving clear indication about improvement in Indian Manufacturing sector in the coming Months
The Service PMI has gone up to 55.6 in December from 52.1 in November . Points above 50 is considered good and below 50 is considered negative. In India service sector constitute 60% of the GDP and such a aggressive improvement is good for the Economy .
The Manufacturing PMI has gone up to 54.7 in December from 53.7 in November 2012 . This is the highest in last six Month .
The IIP growth of 8.2% in October was a big surprise for all the Investors and Economist and the positive PMI data is giving clear indication about improvement in Indian Manufacturing sector in the coming Months
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