'India's mfg sector growth moderated in August on softer rise in sales, outpuť
Millennium Post Delhi|September 03, 2024
According to the survey, new business rose sharply through the second quar- ter of the fiscal year, but the pace of expansion eased to a seven-month low
'India's mfg sector growth moderated in August on softer rise in sales, outpuť

India's manufacturing sector growth moderated in August as output and sales rose at slowest rates since January, while competitive pressures and inflation concerns hampered business confidence, a monthly survey said on Monday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) stood at 57.5 in August, below July's reading of 58.1 but above its long-run average of 54.0, signalling a substantial improvement in operating conditions. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

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ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة September 03, 2024 من Millennium Post Delhi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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Millennium Post Delhi

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Millennium Post Delhi

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Millennium Post Delhi

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Millennium Post Delhi

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