Sunday, June 01, 2025 | 05:02 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Manufacturing PMI steadies in May on increased orders despite inflation

PMI manufacturing was recorded at 54.6 in May, a minor change from 54.7 in April

manufacturing
premium

Nikunj Ohri New Delhi
India’s manufacturing sector growth steadied in May on the back of rising international orders despite an increase in prices. 

The S&P Global India Manufacturing Purchasing Managers’ Index (PMI) was recorded at 54.6 in May, a minor change from 54.7 in April. New orders and production continued to rise at the pace registered in April.

A print above 50 indicates expansion, while a score below 50 suggests a contraction.

ALSO READ - PMI: India's May factory activity remained strong despite high inflation

“The above-50.0 reading was the eleventh in as many months and consistent with a solid improvement in