India's PMI data shows eased output growth in March
after close1 source ↓written by the desknot a recommendation
- Output Index
- 56.5
India's output growth in March slowed, with the PMI Composite Output Index at 56.5. Manufacturing and services faced challenges due to energy shocks and West Asia tensions. Softer domestic demand led to the slowest rise in new orders in over three years, despite a surge in export orders. Cost pressures intensified, impacting margins.
Not investment advice. For informational purposes only.