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Manufacturing PMI Slips to 54.7 in October as Domestic Demand, Hiring Moderate; Export Demand Rises: HSBC India
Manufacturing PMI Slips to 54.7 in October as Domestic Demand, Hiring Moderate; Export Demand Rises: HSBC India New Delhi, Nov 2 (KNN) India's manufacturing sector remained in expansion territory in October, although growth in output and new orders moderated. Stronger export demand supported activity, while input and output price pressures eased. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI), compiled by S&P Global, fell to 54.7 in October from 55.1 in
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Originally published byKNN India 1h ago · knnindia.co.in
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