Tag: Purchasing Managers’ Index (PMI)

Manufacturing PMI in India reaches four-month peak during April

According to a monthly survey, manufacturing activities in India have reached a four-month high in April, driven by robust new business growth, mild price pressures, better international sales, and improving supply-chain conditions. The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) rose to 57.2 in April, the highest it has been this year, up from 56.4 in March. This indicates…