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Latest Articles in IHS Markit

India Services Activity Contracts Again In August On Weak Demand

August's Nikkei/IHS Markit Services Purchasing Managers' Index rose to 47.5, up from July's 45.9 but still below the 50 mark that separates expansion from contraction

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GST Sends Services Activity Plunging In July

June's reading had been the highest since Prime Minister Narendra Modi banned high-value currency notes in November

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Factory Activity Shrinks Most In Nine Years On GST Confusion

It was the first time the reading has dropped below the 50 mark that separates growth from contraction since December and was its lowest reading since February 2009

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'Midsize Sedans Could Outsell Entry Level Sedans In India By 2022'

In an exclusive interview with BW Businessworld's Avishek Banerjee, Puneet Gupta, South Asia Manager, Vehicle Sales Forecast, IHS Markit discussed how entry level sedans replaced by midsize sedans in the next five years if the government goes ahead with a uniform tax rate on all segments of passenger vehicles

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Indian Manufacturing Growth Cools In June On Weak Demand

The Nikkei India Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 50.9 in June from 51.6 in May, but still held above the 50 level that separates growth from contraction for a sixth straight month.

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Global Methanol Demand Likely To Surpass 95MMT By 2021: IHS Markit

By 2021, IHS Markit said Northeast Asia (dominated by China), will account for nearly 70 per cent of global methanol demand, followed by North America at 9 per cent and Western Europe at 8 per cent.

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