India’s manufacturing PMI at 18-month low in Dec at 54.9, on lesser new orders
04 Jan 2024 06:04 AM IST
India’s manufacturing sector growth in December 2023, measured by the HSBC India Manufacturing Purchasing Managers’ Index (PMI), registered an 18-month low of 54.9 in December, with growth reportedly curbed by fading demand for certain types of products. In a similar vein to the trend for output, new orders placed with