Economic outlook steadies as global survey data points to improving activity

New survey and PMI data indicated improving business sentiment globally, supported by stable hiring and steady demand across major economies.

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Economic outlook steadies as global survey data points to improving activity

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Economic outlook steadies as global survey data points to improving activity
New survey and PMI data indicated improving business sentiment globally, supported by stable hiring and steady demand across major economies.
Fresh PMI inputs and sentiment surveys released on December 7 indicated gradual improvement across manufacturing and services in the US and Europe. Analysts noted that steady hiring plans and cooling inflation pressures were helping restore business confidence. India’s activity indicators continued to show resilience, particularly in construction and auto demand. 
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