Arthanomics Vittarth

Understanding surge in Purchasing Managers’ Index

Arthanomics_78

PMI reached an eight year high in September after months of lockdown and negative growth in production activity.
In this week’s post of arthanomics we explore deeper into the calculation of PMI Index and how accurate it is as a parameter in evaluating growth in economic activity.
Enjoy this insightful read and let us know your thoughts in the comment.

Credit – Rahul Barod and Sudhanshu Mishra

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