The Composite PMI in India was down to a three-month low of 56.4 in December 2021 from 59.2 a month earlier but remained above its long-run average of 53.9. New orders expanded for the fifth month running, despite the rate of growth being the weakest since September; and employment fell for the first time in four months. On the cost side, both input prices and selling charges went up the least in three months
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