Question

With reference to the Purchasing Managers’ Index,

Q: Answer-With reference to the Purchasing Managers’ Index, consider the following statements: I. The index sh...

The Manufacturing Purchasing Managers Index, compiled by SP GlobalThe index shows trends in both the manufacturing and services sector.A PMI number greater than 50 indicates expansion in business activity. A number less than 50 shows contraction.

consider the following statements: I. The index shows trends in both the manufacturing and services sector. II. A PMI number greater than 50 indicates contraction in business activity. III. The survey is conducted by S&P Global . Which of the following statements is/are correct?

A Only I

B Only I & III

C Only II

D Only II & III

E None of these

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