Economics · Economic Indicators
With reference to high-frequency indicators of services sector performance, consider the following statements: 1. The Services PMI is a diffusion index based on surveys of purchasing managers. 2. A PMI reading above 50 indicates contraction in business activity. 3. The Services PMI is released monthly by the Ministry of Statistics and Programme Implementation (MoSPI). Which of the statements given above is/are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11 only✓
- 21 and 2 only
- 32 and 3 only
- 41, 2 and 3
Correct answer
1 only
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