India's manufacturing sector grew at a softer pace in March, defying expectations for further strong expansion, amid rising inflationary pressures, survey results from IHS Markit showed on Monday.
The headline IHS Markit manufacturing Purchasing Managers' Index, or PMI, fell to 55.4 in March from 57.5 in February.
Any reading above 50.0 indicates expansion in the sector. Economists had expected the reading to remain unchanged at 57.5.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.