Manufacturing Activity Falls Marginally in February: PMI
Manufacturing Activity Falls Marginally in February: PMI The PMI fell slightly to 57.5 in February from 57.7 in January, but goods producers expect output to increase over the year. Representative image. Photo: Reuters Economy01/Mar/2021 New Delhi:Â India’s manufacturing sector activities eased slightly in February, but firms were upbeat as they responded to increased new work intakes by stepping up production and purchasing activities, a monthly survey said on Monday. The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell marginally to 57.5 in Febr...
Source: thewire.in