HSBC’s flash India Composite Purchasing Managers' Index( PMI), compiled by SP Global, rose to 61.2, up from a downward revised figure of 59.7 in April....
The index, which measures monthly change in the combined output of manufacturing and services, has been above the 50 mark that separates growth from contraction for the 46th consecutive month....
“ While goods producers indicated the slowest increase in output for three months during May, service providers reported the fastest rise since Mar
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2025-05-22 00:00:00.0