This is the 31st consecutive month that the manufacturing PMI has remained above the 50-point mark.The strong manufacturing sector expansion seen in India at the start of the year was maintained in February, with rates of growth for factory orders, exports and output holding close to Januarys recent highs.On the price front, there was only a moderate increase in input costs, the survey said. Only modest increases in input costs and output charges were recorded in February, a trend that has been a key theme of the manufacturing PMI survey for over a year," Lima said.On January 30, the World Health Organization (WHO) declared the coronavirus (COVID-19) outbreak a global health emergency.Price data continued to highlight a lack of inflationary pressure in the sector.
The pick-up in demand https://www.hzlongersawchain.com/ meant that companies were able to further lift production and input buying at historically-elevated rates," said Pollyanna de Lima, Principal Economist at IHS Markit.3, signalling improvement in operating conditions across the sector.The coronavirus outbreak has brought a large part of the worlds second-largest economy China to a standstill and its impact has been felt across industries."Factories in India continued to benefit from strong order flows in February, from both the domestic and international markets..Meanwhile, Indias economic growth slowed to a near seven-year low of 4. Businesses became less confident about the year-ahead outlook for output, in turn restricting hiring activity," Lima added.
".At 54.Despite being one of the strongest periods due to festival season and higher rural spending driven by kharif harvest, October-December was the third straight quarter of growth decline and the lowest rate in 27 quarters.The number of deaths globally in the new coronavirus outbreak passed 3,000 on Monday, as China reported 42 more deaths.New Delhi: The countrys manufacturing sector activity eased in February from a near eight-year high in the previous month and business sentiment took a hit amid impact of coronavirus outbreak on exports and supply chains, a monthly survey said on Monday.
The pick-up in demand https://www.hzlongersawchain.com/ meant that companies were able to further lift production and input buying at historically-elevated rates," said Pollyanna de Lima, Principal Economist at IHS Markit.3, signalling improvement in operating conditions across the sector.The coronavirus outbreak has brought a large part of the worlds second-largest economy China to a standstill and its impact has been felt across industries."Factories in India continued to benefit from strong order flows in February, from both the domestic and international markets..Meanwhile, Indias economic growth slowed to a near seven-year low of 4. Businesses became less confident about the year-ahead outlook for output, in turn restricting hiring activity," Lima added.
".At 54.Despite being one of the strongest periods due to festival season and higher rural spending driven by kharif harvest, October-December was the third straight quarter of growth decline and the lowest rate in 27 quarters.The number of deaths globally in the new coronavirus outbreak passed 3,000 on Monday, as China reported 42 more deaths.New Delhi: The countrys manufacturing sector activity eased in February from a near eight-year high in the previous month and business sentiment took a hit amid impact of coronavirus outbreak on exports and supply chains, a monthly survey said on Monday.
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