September Flash PMI data for India indicate a mild slowdown

Moneycontrol Opinion • September 23, 2024 / 12:08 IST

The PMI numbers indicate that with growth losing momentum and with lower inflation, this could be the time for the Reserve Bank of India to start easing monetary policy

The fall in momentum has been rather sharp in the services sector, while the manufacturing sector PMI reading is the lowest since January 2024

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