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Category :
Economy
Headline :
India's manufacturing PMI hits three month high
Date:
01/12/2022 15:06
India's manufacturing sector activity rose at the fastest pace in three months, as output and new orders grew at sharper rates amid easing price pressures, survey data published by S&P Global showed on Thursday. The manufacturing Purchasing Managers' Index rose to 55.7 in November from 55.3 in September.
A reading above 50 indicates expansion in the sector. Both new orders and output rose at the strongest pace in three months. There was a sharp upturn in output, which was above trend and the strongest since August.
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