India's May business growth is robust, with exports rising at a record pace and PMI at 61.7.
India's May business growth is robust as exports rise at a record pace, according to the PMI survey. Business activity expanded with the services industry leading the way. The HSBC flash India Composite PMI rose to 61.7 from 61.5 in April, marking the 34th month above the 50-level separating growth from contraction. Exports saw their sharpest job addition rate in nearly 18 years.
May 23, 2024
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