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HomeNewsOpinionComposite PMI data bolster case for rate hike

Composite PMI data bolster case for rate hike

The India Composite PMI for March was a strong 58.4, on top of a scorching 59 for February 

April 05, 2023 / 12:54 IST
Going by the PMI numbers, the rate hikes have still not succeeded in cooling economic growth. That supports the case for another 25 basis point rate hike on Thursday
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