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Indian Composite PMI (Dec F) 57.8 (Prelim. 58.9)

The Indian Composite PMI coming in at 57.8, below the preliminary estimate of 58.9, signals a potential softening in economic momentum.

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Indian Composite PMI (Dec F) 57.8 (Prelim. 58.9)

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While the PMI figure still indicates expansion, the miss suggests that growth may not be as robust as initially anticipated, which could influence expectations for monetary policy and future rates amidst ongoing inflation concerns.

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