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Economy

November PMI data shows strong increase in biz activity, augurs well for growth: Economic Affairs Secretary Garg

Updated : December 05, 2018 12:51 PM IST

The Nikkei India Composite PMI Output Index -- that maps both the manufacturing and services sector -- rose to 54.5 in November, pointing to the fastest expansion in private sector activity since October 2016, data released on Wednesday showed.
The Composite PMI Output Index in October was at 53.
November PMI data shows strong increase in biz activity, augurs well for growth: Economic Affairs Secretary Garg

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