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India's Manufacturing PMI Drops To 10-Month Low In May

The IHS Markit India Manufacturing Purchasing Managers’ Index stood at 50.8 in May 2021 compared with 55.5 in April, according to a media statement. A reading above 50 indicates economic expansion. ....

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India's manufacturing PMI improves slightly; reaches 55.5 in April

India s manufacturing PMI improves slightly; reaches 55.5 in April
Data released by analytics firm IHS Markit showed purchasing managers index (PMI) for April marginally rose to 55.5 after declining to a seven month low in March at 55.4
Reuters | May 3, 2021 | Updated 11:50 IST
India s manufacturing activity improved a tad in April despite fresh domestic factory orders and output easing to eight month lows due to an intensification of the coronavirus pandemic that was nullified by new export orders rising at fastest rate since October last year. Data released by analytics firm IHS Markit showed purchasing managers index (PMI) for April marginally rose to 55.5 after declining to a seven month low in March at 55.4. A figure above 50 indicates expansion, while sub-50 signals contraction. ....

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