India’s Pvt Sector Growth Eases: Composite PMI Drops To 58.1 In May
New Delhi: Driven by the Middle East war and muted international demand, India's private sector growth eased in May as the slowing export orders weighed on manufacturing activity. The manufacturing activities fell to 54.3 in May from 55.9 in the previous month, while services remained relatively resilient at 58.9, higher than 58.8 in April, though it stayed below the stronger…
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