PMI rises to 54.7; Inflation pressures mount
- Posted on May 4, 2026
- By Business News Today
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- 1 min read
PMI rises to 54.7; Inflation pressures mount
India's manufacturing sector saw modest growth in April. New orders and production improved, boosting activity. However, rising costs due to the West Asia conflict are a concern. Input prices increased at their fastest pace since August 2022. Output prices also saw a quick rise. Export performance was strong. Hiring activity strengthened, indicating optimism for future expansion.
