Consider the following statements regarding the Purchasing Managers’ Index (PMI):
1. The Purchasing Managers’ Index (PMI) is published by the Ministry of Statistics and Programme Implementation (MoSPI).
2. PMI is calculated only for the manufacturing sector.
3. A PMI value above 50 is considered an expansion in business activity.
How many of the above statements are correct?
1
Only one
2
Only two
3
All three
4
None