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India’s manufacturing PMI slips to 3-month low in Nov
India’s manufacturing sector lost growth momentum in November, as a slower order flow and COVID-related restrictions impacted output.
The seasonally adjusted IHS Markit India Manufacturing Purchasing Managers’ Index (PMI) fell from 58.9 in October to a three-month low of 56.3 in November, indicating that the manufacturing sector growth remained strong, despite losing traction.
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