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INDF - PMI Data Hint At Rising Numbers Of Staff Shortages
Nifty India Financials
IHS Markit's PMI business surveys showed the economic recovery gaining momentum in May as output growth accelerated to the fastest for 15 years.
Although growth of new orders accelerated globally in May to reach the highest since 2006, employment growth slowed marginally compared to April's 14-year peak.
Analysis of the anecdotal evidence provided by responding companies showed a rising incidence of firms struggling to fill vacancies, notably in the US but also in the UK.