India's May PMI shows stable growth despite challenges
pre-market1 source ↓written by the desknot a recommendation
- largely unchanged
- 58.1
India’s private sector activity remained stable in May, with the manufacturing PMI at 54.3 and services PMI at 58.9. The composite PMI was largely unchanged at 58.1. Despite resilient services growth, manufacturers faced rising input costs and slowing demand amid global energy disruptions. This mixed performance may influence market sentiment in the near term.
Not investment advice. For informational purposes only.