New Delhi: India's manufacturing sector output accelerated to the strongest growth rate in three months during July. Accordingly, the headline seasonally adjusted IHS Markit India...
The rate of production growth was sharp and outpaced its long-run average, the report said.
The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) declined to 48.1 in June from 50.8 in May.
Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October
On the prices front, input prices rose in September, with monitored companies citing higher fuel, meat and vegetable costs. The overall rate of inflation was at a seven-month high.
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