Indian HSBC Composite PMI Flash (Mar) 56.50 vs. Exp. 58.7 (Prev. 58.9)
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BoJ Governor Ueda says expects underlying inflation to accelerate moderately and price trend is to rise gradually
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Indian HSBC Composite PMI Flash (Mar) 56.50 vs. Exp. 58.7 (Prev. 58.9)
Magnitude 7.6 earthquake reported 112km west-southwest of Neiafu, Tonga
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On the Newsquawk feed at , 20 minutes before this page.
Context
The Flash Composite PMI for India came in lower than expected, indicating potential slowing in economic activity as it missed the consensus estimate. This miss could signal a shift in growth momentum, potentially prompting market participants to reassess their outlook on monetary policy and economic conditions in India.
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