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Iran war dampens India private sector growth, services pick up, PMI shows
India's private sector growth slowed in May. Manufacturing faced a slowdown, impacting new orders and production. Services saw a marginal increase in activity. International demand weakened due to global conflicts. Input costs rose, but firms absorbed some of these costs. Job creation was stronger in services. Business optimism declined, indicating challenges ahead.
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channelnewsasia.com
Japan's factory activity expands at slower pace, cost pressures surge
TOKYO, May 21 : Japan's manufacturing activity slowed slightly in May, while service sector growth ground to a halt for the first time in over a year, as surging costs linked to…
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economictimes.indiatimes.com
Iran war dampens India private sector growth, services pick up, PMI shows
India's private sector growth slowed in May. Manufacturing faced a slowdown, impacting new orders and production. Services saw a marginal increase in activity. International…
