
Manufacturing PMI softens marginally to 57.7 in July
The growth in new export business picked up to the fastest in nine months, since November last year
The growth in new export business picked up to the fastest in nine months, since November last year
With this, the mining output stood at 4.6%, whereas the manufacturing output stood at 5.3% in February. Power generation surged to 8.2% during the month under review.
The country's manufacturing sector continued to perform well in November.
The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) fell to 54.6 in May from 54.7 in April.
Companies continued to share these additional cost burdens with consumers in April, pushing the rate of inflation to its fastest level in one year.