From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
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left · 1 outlet
Even as demand increased, the survey respondents said that cost pressures eased in October
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center · 3 outlets
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.
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right · 1 outlet
Despite a moderation in factory activity, output and new orders continued to expand. Employment recorded a second consecutive monthly increase, while selling price inflation eased to a near four-year low.
RSS excerpt
Stronger overseas demand, easing input costs and rising factory inventories supported continued expansion, even as business confidence weakened during the month.
