SLOW IN MANUFACTURING SECTOR & PMI

SLOW IN MANUFACTURING SECTOR & PMI

This is bad news for the economy

Manufacturing sector is the most important factor for the country's economy

Lot of employment is generating in manufacturing sector and manufacturing sector is the fuel for the nation's economy

The growth in the manufacturing sector is understood by PMI numbers and I am numbers

As per the PMI numbers manufacturing growth rate has been decreased in April

PMI for the manufacturing sector is 51.8

In March it was 52.6

Since 2018 August we can say that March 2019 was the least performer month

This is continuous 21st month where manufacturing PMI is more than 50

PMI in manufacturing is more than 50 means business is expanding

Below 50 PMI in manufacturing shows business is decreasing

Those who have borrowed loan government should seat with them understand them and give them sufficient time to repay

Because of election period this PMI might have increased decreased

Experts also says that it might be because of America China trade war

expert says after election PMI will increase and economic activity business activity will also increase

New government will work for economy & business growth

America China trade war final discussion is going on and it is about to end

After India China trade war economic activity will again increase

 America China continuously having discussion to solve this issue of trade war 

both the countries Representative are discussing a lot in China next round is off at 8 may 2019 and 

it is said that both the Nations are very close to solve this issue so

 that after the election over and after trade war between China and India is over situation will be normal and growth will be seen

It is big concerned that there is no growth scene in global trade and its decreasing

Is there is changes in global trade it will help Indian economy to grow fast