India's May Manufacturing PMI Final Value at 55, Exceeding Expectations

India's manufacturing sector showed stronger-than-expected growth in May, with the Purchasing Managers' Index (PMI) reaching a final value of 55. According to Jin10, this figure surpasses the anticipated 54.3 and matches the previous month's value of 54.3. The PMI is a key indicator of manufacturing activity, with values above 50 signaling expansion.