India's manufacturing activity fell to its weakest level in nearly 4.5 years in March, according to an HSBC flash survey, as factories curtailed output amid gas shortages. The shortages were triggered by the war in Iran, slowing overall economic activity and posing a near-term headwind to industrial production and growth.
India's manufacturing activity fell to its weakest level in nearly 4.5 years in March, according to an HSBC flash survey, as factories curtailed output amid gas shortages. The shortages were triggered by the war in Iran, slowing overall economic activity and posing a near-term headwind to industrial production and growth.
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