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India’s factory growth hits 3-month high in May — Even as Middle East tensions lift input costs

India’s manufacturing PMI rose to 55.0 in May, the highest in three months, driven by strong domestic demand, infrastructure activity and fresh orders.

India’s manufacturing sector expanded at a faster pace in May, with the HSBC Manufacturing Purchasing Managers’ Index (PMI) rising to 55.0 from 54.7 in April. The growth was supported by strong domestic demand, infrastructure activity and fresh business gains…

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https://www.financialexpress.com/policy/economy/may-pmi-indias-manufacturing-growth-hits-3-month-high-despite-elevated-input-costs-amid-middle-east-conflict/4256022

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