India manufacturing PMI drops to 54.2 in June, a 3-month low
India’s manufacturing sector saw its growth slow to a three-month low during June. According to the HSBC India Manufacturing Purchasing Managers' Index (PMI), the figure dipped to 54.2 from May's 55. This performance represents the second-slowest growth rate for the industry since the middle of 2022. Despite the decline, the PMI stayed above the 50-point mark, indicating continued expansion and marking 56 straight months of growth for the sector.
by shortkt.com✓