Manufacturing activity shrinks again in May, PMI at 30.8 - Economic Times 02-Jun-2020

Manufacturing activity shrinks again in May, PMI at 30.8 - Economic Times


Demand was subdued despite both input and output prices declining for a second straight month, signaling easing in overall inflation, which would give the central bank room to ease policy further. The RBI has already taken a series of aggressive policy action…

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