India Manufacturing PMI: Growth Slows in May

  Published 1 year ago

India's manufacturing PMI dipped to 57.6 in May, the weakest since February, though still robust. Demand remained strong despite challenges like inflation and geopolitical factors, fueling output and record job creation, with optimistic future outlooks.

  • PMI fell to 57.6, signaling slower growth.
  • Cost inflation reached a six-month high.
  • Strong confidence in future output expansion.

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