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    HomeNewsOpinionManufacturing PMI shows moderating growth, lower input costs 

    Manufacturing PMI shows moderating growth, lower input costs 

    India’s Manufacturing PMI for December is the highest in the world---strong domestic demand combined with low input costs as a result of low global growth have resulted in high animal spirits 

    Manas Chakravarty
    January 03, 2024 / 13:25 IST
    Manufacturing PMI shows moderating growth, lower input costs 

    The PMI is a month-on-month yardstick and hence the reading should be compared with that in the previous month.

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