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India's Feb PMI slides to 56.6, but new orders touch 10-month high

Mar 01, 2012

India's Feb PMI slides to 56.6, but new orders touch 10-month high

The PMI survey, showing continued strength, is at odds with official data which points to a prolonged slowdown in the manufacturing sector and the wider economy. #Inflation #HSBC Holdings PLC #PolicyWatch #Purchasing Managers Index #manufacturing sector expansion #Andy Bruce