
India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high
India’s manufacturing activity moderated slightly in October, with the HSBC India Manufacturing Purchasing Managers’ Index (PMI) easing to 54.7 from 55.1 in September, even as export order growth reached a six-month high and price pressures weakened, according to the data released by S&P Global.The report said growth in new business remained strong, with new export orders increasing at the fastest pace in six months. Manufacturers reported higher demand from markets including Bangladesh, Canada, Indonesia, Nepal, Oman, Saudi Arabia, Sri Lanka, the United Kingdom, the United States and the UAE.





























