![Manufacturing PMI softens in June](https://images.assettype.com/fortuneindia%2F2023-02%2Fd01db5fb-8700-4cad-9370-51ee9ee2a283%2FPLI_1.jpg?rect=0,0,1908,954&w=300&q=95)
Manufacturing PMI softens in June
Positive demand dynamics and greater labour costs pushed charge inflation to a 13-month high.
Positive demand dynamics and greater labour costs pushed charge inflation to a 13-month high.
This is the fastest increase in the services sector PMI since August, when it stood at 57.2. The services sector PMI for October stood at 55.1.