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| 1. |
According to IHS Markit India what is the Manufacturing Purchasing Managers' Index (PMI) of the manufacturing sector activity of the country in April? |
| Answer» IHS Markit India stated that the Manufacturing Purchasing Managers' Index (PMI) of the manufacturing sector activity of the country has slipped into contraction mode, after remaining in the growth territory for 32 consecutive months. Manufacturing sector activity in India hits record low in April amid lockdown. The PMI fell to 27.4 in April, from 51.8 in March. It reflected the sharpest deterioration in business conditions across the sector since data collection began over 15 years ago. | |