Authorization

India Manufacturing Growth Strongest In 3 Months

(RTTNews) - India's manufacturing activity expanded at the fastest pace in three months, as output and new orders grew at sharper rates amid easing price pressures, survey data published by S&P Global showed on Thursday.

The manufacturing Purchasing Managers' Index rose to 55.7 in November from 55.3 in September. A reading above 50 indicates expansion in the sector.

Both new orders and output rose at the strongest pace in three months. Demand strength and successful marketing efforts boosted overall sales.

There was a sharp upturn in output, which was above trend and the strongest since August.

Growth prospects were strong in November, driving more job creation and restocking for firms. Employment rose for the ninth straight month.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Январь 2023    »
ПнВтСрЧтПтСбВс
 1
2345678
9101112131415
16171819202122
23242526272829
3031