India’s factory growth slowed to 4-month low in January

The Manufacturing Purchasing Managers’ Index, compiled and collected by IHS Markit from Jan. 12-25, fell to 54.0 in January from December’s 55.5. “The latest PMI results indicated that the new wave of Covid-19 had a mild impact on the performance of the Indian manufacturing sector,” Pollyanna De Lima, economics associate director at IHS Markit, said in a release.

Leave a Reply

Your email address will not be published. Required fields are marked *