HSBC India May Manufacturing PMI 52.6 vs 51.3 in April

HSBC and Markit Economics release purchasing managers’ index for India manufacturing in May.

  • Index rises to 52.6 from 51.3 in April; Year ago 51.4
  • Highest reading since Jan. 2015
  • Output rises to 55.2 vs 52.9 in April

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