India’s Manufacturing Momentum Cools as PMI Slips to 55 in December
India’s manufacturing sector, which has been a key driver of economic growth in recent years, showed signs of cooling in December as the Purchasing Managers’ Index (PMI) slipped to 55, down from previous months. While the reading above 50 still indicates expansion, the slowdown reflects softer demand conditions, easing new orders, and moderation in output…