Manufacturing PMI up but watch out for a spanner in the works3 min read 02 Jan 2023, 10:42 PM IST
In December, PMI reading was in the expansion zone for the 18th consecutive month.
Business activity in India’s manufacturing sector saw a sharp upturn in December. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 57.8, up from 55.7 in November, aided by robust inflows of new business.
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