India's manufacturing sector growth lowest in 8 months in April, shows PMI data

May 03, 2019 |
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India's manufacturing sector growth lowest in 8 months in April, shows PMI data

The country's manufacturing sector performance eased to an eight-month low in April as new business growth moderated, curbed by the elections and a challenging economic environment, a monthly survey showed on Thursday.

The Nikkei India Manufacturing Purchasing Managers' Index declined from 52.6 in March to 51.8 in April, reflecting weakest improvement in business conditions since August 2018.

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