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    HomeNewsOpinionSizzling PMI for May shows manufacturing momentum increasing

    Sizzling PMI for May shows manufacturing momentum increasing

    India’s manufacturing PMI is far higher than that of most other economies in Asia. That explains the return of the FIIs and should provide support to the Indian stock market

    Manas Chakravarty
    June 01, 2023 / 11:56 IST
    While input price increases were soft, the only fly in the excellent growth ointment was a sharp rise in output prices
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