May PMI: India’s manufacturing growth hits 3-month high despite elevated input costs
Published on: June 1, 2026, 11:46 a.m. | Source: The Financial Express
India’s manufacturing sector grew in May due to domestic demand, infrastructure activity, and new business gains. The HSBC Manufacturing PMI rose to 55.0, the strongest in three months. Despite rising input costs, output price inflation slowed. Manufacturers increased stockpiling due to geopolitical tensions. Hiring and business confidence remained positive. | financialexpress.com
