The RBI said high-frequency indicators for May 2025 present a mixed picture. Industrial and services activity remained strong. PMI for services was steady at 58.8, and manufacturing PMI stood at 57.6, well above the long-term average.
The RBI said high-frequency indicators for May 2025 present a mixed picture. Industrial and services activity remained strong. PMI for services was steady at 58.8, and manufacturing PMI stood at 57.6, well above the long-term average.