HomeNewsOpinionIndia’s manufacturing PMI strongest in Asia, but it also signals higher core inflation

India’s manufacturing PMI strongest in Asia, but it also signals higher core inflation

Manas Chakravarty • July 03, 2023 / 11:56 IST

For the economy, one important takeaway from the tepid Chinese PMI manufacturing numbers is that input cost inflation will remain low. That should help commodity importers such as India

For the central bank, the sharp rise in selling prices is an indication that core inflation is alive and kicking

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