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Much of the improvement in July was driven by a pick-up in new orders. This was led by a surge in export orders from Bangladesh, Nepal, Sri Lanka, and the United Arab Emirates, said the PMI survey.
Asia week ahead: Reserve Bank of Australia policy move and regional PMI data The Reserve Bank of Australia is likely to stand pat at next week's policy meeting
Key factors, the first being a very weak domestic economy, hitting new orders, and the other is the slowing global economy hitting demand for what china sells to the world. that's coming through and we can export orders and a combination of that is making manufacturing firms very hesitant and clearly unwilling to expand operations. figs hesitant and clearly unwilling to expand operations. as you said there — to expand operations. as you said there have _ to expand operations. as you said there have been - to expand operations. as you said there have been very - said there have been very wor...
The India Composite PMI for March was a strong 58.4, on top of a scorching 59 for February
The seasonally adjusted S&P Global India Services PMI Business Activity Index stood at 59.4 in February, up from 57.2 in January.