PMI falls to lowest level in four years in March
after close1 source ↓written by the desknot a recommendation
- in March 2026
- 53.9
- in February
- 56.9
Manufacturing sector activity in India slowed to 53.9 in March 2026, down from 56.9 in February, marking the lowest PMI reading since June 2022. This decline reflects the impact of rising costs and demand pressures exacerbated by the ongoing war in West Asia. Firms are experiencing the steepest cost pressures since August 2022, indicating potential challenges ahead for the manufacturing sector. 📉
Traders should monitor the implications of this slowdown on overall economic growth and sector performance.
Not investment advice. For informational purposes only.