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Manufacturing drove India's private sector growth in March, despite a slowdown in services and rising costs.
India's private sector showed strong growth in March despite a slight slowdown in overall business activity.
The manufacturing sector, which saw its Purchasing Managers' Index (PMI) rise to 57.6, drove the growth with increased sales and production.
However, the service sector's PMI fell to 57.7, slowing overall economic expansion.
Input costs rose sharply, while output price inflation eased.
Despite a dip in business confidence to a seven-month low, manufacturing remained robust, potentially supporting future growth.
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La manufactura impulsó el crecimiento del sector privado de India en marzo, a pesar de una desaceleración en los servicios y el aumento de los costos.