India’s manufacturing PMI eases amid global disruptions
after close1 source ↓written by the desknot a recommendation
- in March
- 53.9
India’s manufacturing PMI eased to 53.9 in March, reflecting disruptions from the Middle East conflict impacting local manufacturers. Cost pressures intensified, marking the steepest rise since August 2022, although firms absorbed most increases, keeping output prices stable. Job growth remained strong as companies built contingency stocks and increased input buying.
Not investment advice. For informational purposes only.