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India's manufacturing PMI eases to 54.7 in October as export orders hit six-month high

The HinduIndia's manufacturing PMI eases to 54.7 in October as export orders hit six-month high
Image: Times of India

What the coverage says

India's manufacturing sector experienced a slowdown in growth during October, with the HSBC India Manufacturing Purchasing Managers' Index declining to 54.7 from 55.1 in September. The Hindu notes that this moderation stemmed from a softer rise in output and new orders, although the index remained positioned comfortably above the neutral threshold of 50.0 and stayed higher than its long-run average. At the same time, the Times of India reports that export orders reached a six-month high.

Written by HeadlineShine from 2 outlets' reporting, with AI assistance. Each outlet's own story is listed alongside.

Read the full story on The Hindu

Timeline

  1. The Hindu first reported it
  2. Times of India reported it
  3. Latest update
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