Strong demand lifts manufacturing PMI to 59.2 in October, nearly a 17-year high
Manufacturers cited demand strength, efficiency improvements, new clients and technology investments as factors driving higher production. Representational file image | Photo Credit: SHIV KUMAR PUSHPAKAR Manufacturing activity accelerated to 59.2 in October, nearly a 17-year high, driven by strong demand and the Goods and Services Tax rate reductions, according to a private sector survey. The…
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