{"id":17749,"date":"2026-04-04T14:34:47","date_gmt":"2026-04-04T09:04:47","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=17749"},"modified":"2026-04-04T14:56:06","modified_gmt":"2026-04-04T09:26:06","slug":"pmi","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/pmi\/","title":{"rendered":"Purchasing Managers\u2019 Index"},"content":{"rendered":"<h2><b>Purchasing Managers\u2019 Index Latest News<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">According to recent data, India\u2019s manufacturing activity slowed to a 45-month low in March, with the HSBC India Manufacturing Purchasing Managers\u2019 Index falling to 53.9 from 56.9 in February.<\/span><\/p>\n<h2><b>About Purchasing Managers\u2019 Index<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is an <\/span><b>indicator of business activity<\/b><span style=\"font-weight: 400;\"> \u2014 both in the manufacturing and services sectors.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is a survey-based measure that asks the respondents about changes in their perception of some key business variables from the month before.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is calculate<\/span><b>d separately for the manufacturing and services sectors <\/b><span style=\"font-weight: 400;\">and then a composite index is constructed.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The index helps in determining whether the market conditions, as seen by purchasing managers, is expanding, contracting or staying the same.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">There are two types of PMI \u2014 <\/span><b>Manufacturing PMI and Services PMI.<\/b><\/li>\n<\/ul>\n<h2><b>How is the Manufacturing PMI Derived?<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">It is derived by sending fact-based questions to a large number of companies in the concerned sector.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The questions are related <\/span><b>to 5 key variables<\/b><span style=\"font-weight: 400;\">\u2014 new orders, output employment, suppliers\u2019 delivery times and stock of items purchased<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The surveys are <\/span><b>conducted on a monthly basis<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Purchasing Managers&#8217; Index can range between 0 and 100, with a number over 50 citing expansion and under 50 noting contraction.<\/span><\/li>\n<\/ul>\n<p><b>Source: <\/b><strong><a href=\"https:\/\/www.thehindu.com\/business\/Industry\/west-asia-crisis-impact-manufacturing-pmi-drops-sharply-to-near-4-year-low-of-539-in-march-2026\/article70814713.ece\" target=\"_blank\" rel=\"nofollow noopener\">TH<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Purchasing Managers\u2019 Index is an indicator of business activity \u2014 both in the manufacturing and services sectors. Read more about Purchasing Managers\u2019 Index, Highlights, Latest News.<\/p>\n","protected":false},"author":5,"featured_media":96522,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[6607],"class_list":{"0":"post-17749","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-purchasing-managers-index","9":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/17749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=17749"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/17749\/revisions"}],"predecessor-version":[{"id":96602,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/17749\/revisions\/96602"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/96522"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=17749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=17749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=17749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}