Tag: 11year

[ad_1] Manufacturing growth held steady in May, as export orders hit an 11-year high and companies could secure new deals, despite increasing selling prices at the fastest pace in eight-and-a-half years, with input costs rising. Customers to pass the spike in burden. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers’ Index (PMI) eased slightly to 54.6 in May from 54.7 in the previous month. But according to a release from S&P Global, it remains well above the trend average, pointing to “continuous improvement across the region.” An index reading…