Private sector output growth weak in March: PMI survey
India’s private sector growth cooled to a multi-year low in March as the West Asia war triggered an energy shock and dampened domestic demand. Despite record export orders, surging input costs and currency volatility are squeezing margins and clouding the outlook for the new fiscal year.
India’s private sector growth cooled to a multi-year low in March as the West Asia war triggered an energy shock and dampened domestic demand. Despite record export orders, surging input costs and currency volatility are squeezing margins and clouding the outlook for the new fiscal year.
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