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India's services growth hits six-month high on domestic demand, PMI shows
India's services sector expanded at its fastest pace in six months in May, driven by a surge in domestic demand, particularly in e-commerce, entertainment, and IT. While export orders saw slight growth, business confidence dipped for the second consecutive month, and job creation remained limited. Input cost inflation eased, providing some relief to service providers.
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economictimes.indiatimes.com
India manufacturing activity rose in May despite cost pressures, PMI shows
India's manufacturing sector saw its fastest growth in three months during May, fueled by robust domestic demand and a surge in new orders. Despite intense cost pressures from…
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thehindubusinessline.com
Manufacturing PMI hits 3-month high in May despite cost pressures
India's Manufacturing PMI rose to 55.0 in May, signaling growth amid intense cost pressures and softened business optimism.
