India's factory activity slumped to record low in April: PMI

The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, plunged to 27.4 last month from March's 51.8, by far its lowest since the survey began in March 2005 and its first time below the 50-mark separating growth from contraction in nearly three years.

from Economy-News-Economic Times https://ift.tt/3djmwy5