This report will answer all your questions related to Indian economy
ABP News Bureau
Updated at:
02 Sep 2019 10:57 PM (IST)
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Slowing economy and rise in input costs pulled India's August manufacturing Purchasing Managers Index (PMI) to a 15-month low.
The seasonally adjusted IHS Markit India manufacturing PMI came in at 51.4 in August, its lowest since May 2018. In July, the index stood at 52.5.
An index reading of above 50 indicates overall increase compared with the previous month, and below 50 the decrease.
The seasonally adjusted IHS Markit India manufacturing PMI came in at 51.4 in August, its lowest since May 2018. In July, the index stood at 52.5.
An index reading of above 50 indicates overall increase compared with the previous month, and below 50 the decrease.