Manufacturing PMI drops to 58.8 in April, modest job creation

[ad_1] As the output growth slowed, manufacturing-related Purchasing Managers’ Index (PMI) dropped to 58.8 in April as against 59.1 in March. However, the good news is that job creation was good.Also read: GST collection surges to ₹2.10 lakh crore in...
Manufacturing PMI surges to 56.9 in February

Manufacturing PMI surges to 56.9 in February

[ad_1] Boosted by higher production and better sales, the manufacturing sector recovered in February as the Purchasing Managers’ Index (PMI) surged to 56.9. The month saw production rise at the fastest pace in five months, fuelling the quickest increase in sales...