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Searched Tag: composite output index
PMI data: India's exports, employment hit 18-year highs in May

India's exports, employment at 18-yr highs

May 23, 2024, 09:13 PM - 2 min read

In May, India's economy saw record export growth and the sharpest rise in employment in nearly 18 years, per HSBC Flash PMI. While manufacturing led sales and output growth, the service sector accelerated overall expansion, with the Composite Output Index reaching its third-highest level in 14 years.

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