India's private sector growth hits three-year low in March
after close1 source ↓written by the desknot a recommendation
- in March
- 56.5
- in February
- 58.9
- and services
- 53.8
- and services
- 57.2
India’s private sector activity slowed to 56.5 in March, down from 58.9 in February, marking the lowest level since October 2022. The decline is attributed to weaker domestic demand and rising inflationary pressures, with factory activity at 53.8 and services at 57.2. This slowdown may impact market sentiment and trading strategies in the near term.
Not investment advice. For informational purposes only.