As a result, new export orders increased at the slowest pace in the current four-month sequence of expansion.
International demand for Indian goods rose in December, but the growth was hampered by the COVID-19 pandemic. “It’s important to emphasise the broad-based nature of the recovery, with marked expansions in both sales and output noted across each of the three monitored sub-sectors,” Lima said. There was marked improvement in business conditions across the sector.
US inflation drop driven mainly by soft global prices Next rate hike to stay near 50 bps
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