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A few economic data were released recently that showed the rate at which India’s economy rebounded slowed down, while retail inflation increased weighing on the country’s growth. Both manufacturing and services sectors were affected by rising input costs.Even data released ...
India’s manufacturing and services sector expanded in August, though the pace of manufacturing growth slowed down.IHS Markit recently released services PMI and manufacturing PMI data. India’s services business activity stood at 56.7 in August compared with 45.4 in July. The ...
The Index of Industrial Production (IIP) which is a measure for factory output improved to 122.6 in June, up 13.6% from 107.9 on a year-on-year basis, according to data released by the National Statistics Office. Factory output had contracted 16.6% ...