Manufacturing growth hits 15-month low in August: PMI1 min read . Updated: 02 Sep 2019, 01:46 PM IST
- The IHS Markit India manufacturing PMI retreated from 52.5 in July to of 51.4, its lowest mark since May 2018, in August
- Input costs rose, while business confidence strengthened to a 16-month high
New Delhi: India’s manufacturing output grew at its slowest pace in 15 months in August, adding to worries about continued weakness in Asia’s third-largest economy, according to a private survey released on Monday.
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