India manufacturing PMI rises to 55.4 in January
after close1 source ↓written by the desknot a recommendation
- in January
- 55.4
- in December
- 55
The Purchasing Managers’ Index (PMI) for India’s manufacturing sector increased to 55.4 in January from 55 in December, indicating sector expansion. This growth is attributed to higher new orders, output, and employment, despite moderate input cost increases. The domestic market remains the primary driver of sales, while export growth slowed but still showed improvement. 📈
Not investment advice. For informational purposes only.