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India's manufacturing sector activity growth eases in October on softer rise in output, new orders

India's manufacturing sector activity growth eases in October on softer rise in output, new orders

National · 2 updates

Manufacturing PMI eases to 54.7 in October, but overseas demand at six-month high

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell to 54.7 in October from 55.1 in September. Still, it remained above its long-run average and comfortably above the neutral mark of 50.0

India’s manufacturing growth momentum eases in Oct

India’s manufacturing sector activity lost some growth momentum in October compared to September as output and new orders increased only marginally, according to HSBC India Manufacturing Purchasing Managers’ Index (PMI) data released by S&P Global on Monday