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Economy

India's February manufacturing activity hits 14-month high as sales, output, employment accelerate

Updated : March 01, 2019 11:40 AM IST

This is the 19th consecutive month that the manufacturing PMI remained above the 50-point mark.
The February data reflected strongest improvement in business conditions since December 2017.
The signs of easing inflationary pressures indicate that the Reserve Bank of India (RBI) is likely to adopt an accommodative monetary policy stance.
India's February manufacturing activity hits 14-month high as sales, output, employment accelerate
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