https://www.taxtmi.com/news?id=29340 India's manufacturing PMI eased to a 12 month low as output and new orders expanded at softer rates, though remaining above the long run average. The slowdown was linked to competitive pressures and price increases. New export orders improved, supporting higher purchasing activity and modest employment gains, while input costs continued to rise but at a moderate month on month pace. Firms expressed guarded optimism for output growth amid concerns over inflation and competition. en-us Thu, 02 Jan 2025 11:31:02 +0530 Thu, 02 Jan 2025 11:31:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=29340 India's manufacturing PMI eased to a 12 month low as output and new orders expanded at softer rates, though remaining above the long run average. The slowdown was linked to competitive pressures and price increases. New export orders improved, supporting higher purchasing activity and modest employment gains, while input costs continued to rise but at a moderate month on month pace. Firms expressed guarded optimism for output growth amid concerns over inflation and competition. News - Thu, 02 Jan 2025 11:31:02 +0530 https://www.taxtmi.com/news?id=29340