Inflationary Pressures May Be Easing: HSBC
  • Prabha Hedge
  • Jan 03 2014

January 3: According to HSBC's latest Manufacturing PMI data, India's manufacturing sector showed a slight deceleration in December, a slowdown in domestic orders resulted in sluggish output growth. However, the firm also said that inflationary pressures might just be beginning to ease. Bloomberg TV India speaks to Leif Eskesen, Chief Economist for India and ASEAN, HSBC, about the same.