Major slowdown in Manufacturing PMI in July: Factory activities slipped to a 5-year low of 53.5.
An important and worrying news has come out on the Indian economy front. The pace of the country’s manufacturing sector has seen a slowdown in the month of July. According to the latest data, the country’s Manufacturing Purchasing Managers’ Index (Manufacturing PMI) has fallen to 53.5 in July. This figure is the lowest level of … Read more