Indian factory growth slows to three-month low in May as new orders soften

Indian factory growth cooled in May as new orders expanded at a more modest pace, but manufacturers were able to raise prices slightly. The Nikkei Manufacturing Purchasing Managers' Index, compiled by IHS Markit, fell to 51.6 in May from April's 52.5, marking its fifth month above the 50 level that separates growth from contraction. Output expanded at the softest pace since February but remained moderate. The new orders sub-index, which reflects both domestic and foreign demand, fell to 52.6 from 53.8 in April. Export orders contracted for the first time in four months, albeit marignally. Join us for recommendation on share market and to make more money trading go through our website from here link below and let us to know you more: http://www.ripplesadvisory.com/nifty-future-.php

Ripples Advisory Private Limited

Ripples Advisory is a SEBI Registered & ISO Certified Share Market Advisory. It is undoubtedly the Best Nifty Tips Provider in India. Ripples Advisory private limited is, without doubt, the only advisory firm which has repute in providing Nifty Market Tips & other share market tips. Ripples Advisory has a team of experienced & skilled research analyst who provide sure shot share market tips which has helped its clients to earn a huge amount of profit from their investments. Get the most accurate Nifty Future Trading Tips, Nifty Market Tips, Nifty Future Tips On Mobile, etc only at Ripples Advisory. To know more about Ripples Advisory & it's services, visit - http://www.ripplesadvisory.com/nifty-future.php or give us a missed call at - 9644405056

No comments:

Post a Comment

Note: only a member of this blog may post a comment.