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“INDIA’S MANUFACTURING GROWTH EASES IN MAY, GLOBAL SALES SURGE”

Why in the news? India’s manufacturing sector growth eased in May for the second consecutive month but remained in expansion mode, with the HSBC India Manufacturing PMI falling from 58.8 in April to 57.5, signaling a slower but substantial improvement. Global sales surged to the strongest level in over 13 years, indicating robust demand, despite …

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