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Indian Rupee: PMIs show growth and inflation risks – Commerzbank

Commerzbank’s India section notes September flash PMIs pointing to stronger end-Q3 activity, with both manufacturing and services indices well above 50.

Commerzbank’s India section notes September flash PMIs pointing to stronger end-Q3 activity, with both manufacturing and services indices well above 50.

Domestic demand is robust, but elevated input and output prices, especially in manufacturing, keep upside inflation risks high.

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