Friday, January 21, 2022

Purchasing Managers Index

India’s manufacturing sector contracts in June

The seasonally-adjusted IHS Markit India Manufacturing Purchasing Managers' Index (PMI) declined to 48.1 in June from 50.8 in May.

Economy on the cusp of recovery

Banks and non-banks must use liquidity windows and newfound demand for credit to push economic revival aggressively

Long road to recovery

Centre must increase public spending to stimulate demand and strengthen growth momentum

India’s manufacturing PMI rises for 3rd straight month

Manufacturers indicated that the ongoing relaxation of COVID-19 restrictions, better market conditions and improved demand helped them to secure new work in October

Job losses widen in services sector: PMI

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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