Manufacturing PMI falls to 7-month low in March as Covid cases rise

Manufacturing PMI falls to 7-month low in March as Covid cases rise

By Administrator_ India Capital Sands Growth in manufacturing slowed to the lowest rate in seven months, as increasing Covid-19 cases hit demand, said IHS Markit’s purchasing managers’ index (PMI) on Monday. PMI fell from 57.5 in February to a seven-month low of 55.4 in March. In the PMI lexicon, a reading above 50 means growth, […]