Indian HSBC Composite PMI Final (Feb) 58.9 (Prev. 58.4)
Context
The final reading for India's HSBC Composite PMI in February came in at 58.9, slightly up from the previous 58.4. This uptick suggests a strengthening in both manufacturing and services sectors, which could indicate ongoing economic expansion. Market participants may view this as a positive signal for growth, potentially impacting expectations around monetary policy going forward.
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