December HSBC India manufacturing PMI data showed the sector improved to the least extent in 2024 amid softer rises in output, new orders and stocks of purchases.
Rates of growth were substantial, however, underpinning further expansions in buying levels and jobs.
Manufacturers were confident of a rise in output, but the sentiment was curbed by concerns around inflation and competitive pressures.Read More
HSBC India manufacturing PMI at 12-month low of 56.4 in Dec 2024
Comments
Comments are closed here.