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Activity in Asian Manufacturing Hubs Slowed Down in March 2022
Published:
Apr 2022
Pic: humphery / Shutterstock.com
Key Takeaways
In India, business conditions improved in March 2022, but the rate of expansion in activity was slower than the last month and eased to a six-month low. India’s manufacturing PMI fell to 54.0 in March 2022 from 54.9 in February 2022.Production and new orders grew at a slower rate, while inflation also dampened business confidence, which fell to its lowest.
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