India's PMI rises to 54.7 amid inflation concerns
pre-market1 source ↓written by the desknot a recommendation
- rising
- 54.7
- in March
- 53.9
India's manufacturing sector activity improved slightly in April, with the HSBC PMI rising to 54.7 from 53.9 in March. However, this marks the second weakest growth in nearly four years. Manufacturers reported increased inflationary pressures due to the West Asia conflict, impacting costs for key materials like aluminium and fuel.
Not investment advice. For informational purposes only.