India manufacturing PMI drops to 45-month low
after close1 source ↓written by the desknot a recommendation
- falling
- 53.9
- in February
- 56.9
India’s manufacturing activity slowed in March, with the HSBC Manufacturing PMI falling to 53.9 from 56.9 in February. Despite remaining above the neutral mark of 50, this decline indicates a moderation in growth within the sector. Traders should monitor this trend as it may impact market sentiment and economic forecasts.
Not investment advice. For informational purposes only.