Indian HSBC Manufacturing PMI Flash (Apr) 55.9 (Prev. 53.9)
Context
The April flash Manufacturing PMI for India came in at 55.9, significantly higher than the previous month's 53.9, indicating a stronger expansion in the manufacturing sector. This positive data suggests robust demand and improved business conditions, which could signal upward pressure on growth expectations and potential implications for policy, especially if this trend continues.
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