India’s Manufacturing Growth Hits Three-Month Low in August
Introduction to the Slowdown India’s manufacturing sector experienced a notable slowdown in growth in August, with the Purchasing Managers’ Index (PMI) dropping to a three-month low of 57.5. This dip reflects softer demand and a general deceleration in growth. In comparison, the growth rate fell from 7.8% in the previous quarter to 6.7%. Understanding the…
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