Manufacturing PMI drops to 57.5 in August, job creation slows

‘Fierce competitors’ affected the manufacturing sector to some extent in August, because the Buying Managers’ Index (PMI) slipped to 57.5 from 58.1 in July. Nonetheless, it’s nonetheless larger than long-term common of 54, however there isn’t a excellent news on the job entrance. “The Indian manufacturing sector continued to increase in August, though the tempo … Read more