July 2, 2018 9:26 PM

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India's manufacturing growth jumps to six-month high in June

<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">India's manufacturing conditions improved in June at the strongest pace in 2018 so far, amid the sharpest gains in output and new orders. </div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">The Nikkei India Manufacturing Purchasing Managers' Index, or PMI, rose to 53.1 in June from 51.2 in May.</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;"><br />''</div>''<div style="color: #222222; font-family: arial, sans-serif; font-size: 12.8px;">This is the 11th consecutive month that the manufacturing PMI remained above the 50-point mark. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction.</div>

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