India Manufacturing PMI Rises to Seven-Month High of 55.1 in September
· Business · Zee News, Times of India, LiveMint
The seasonally adjusted HSBC India Manufacturing PMI increased to 55.1 in September from 52.8 in August. This marks the highest reading for the sector in seven months, driven by stronger order growth and expanding output. Factory orders and production both accelerated during the month as domestic and international demand remained solid. Input cost inflation also moderated, allowing firms to maintain stable pricing strategies.
Why it matters
The steady expansion in factory activity signals resilient domestic demand and strengthens India's broader economic growth outlook.
Read the original report — Zee News
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