Indian HSBC Manufacturing PMI Flash (Feb) 57.5 (Prev. 55.4)
Newsquawk Staff ·
Indian HSBC Manufacturing PMI Flash (Feb) 57.5 (Prev. 55.4)
What it means
The Indian HSBC Manufacturing PMI Flash for February came in at 57.5, significantly up from the previous 55.4. This beat suggests stronger-than-expected manufacturing activity, which could indicate robust economic growth and potentially influence the Reserve Bank of India's policy outlook, especially concerning inflation and interest rates.
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