InvestorQ : Is it true that PMI manufacturing has weakened in the month of March 2021?
Niti Shenoi made post

Is it true that PMI manufacturing has weakened in the month of March 2021?

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ishika Banerjee answered.
8 months ago
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PMI manufacturing for Mar-21 was at a 7-month low of 55.4 compared to 57.5 in Feb-21. Production is still expanding but momentum is faltering. The weakness was triggered by renewed lockdowns due to resurgence in COVID cases. There was a fall in domestic orders and output, but foreign orders improved. Layoffs were at a 6-month high in Mar-21.

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