India's manufacturing activity falls to 4-month low in Sep as new orders, output moderate
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Dated:- 1-10-2025
PTI
New Delhi, Oct 1 (PTI) India's manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to a one-year low, a monthly survey said on Wednesday.
The seasonally adjusted HSBC India Manufacturing Purchasing ManagersÂ’ Index moderated from 59.3 in August to 57.7 in September, pointing to the weakest improvement in the health of the sector since May, even as tax relief has boosted business optimism for the year ahead.
In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score be
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mand from the US as a result of tariffs,” Bhandari said.
On the price front, the survey, which took place between 10 and 24 September, indicated quicker increases in input costs and selling prices. The overall rate of inflation was solid and the quickest since May, though it remained below its long-run average.
Monitored firms suggested that greater outlays on labour, raw materials and transportation prompted hikes to output prices, which were facilitated by positive demand trends. The rate of charge inflation reached a near 12-year high.
Going ahead, Indian companies continued to signal upbeat forecasts for production in the coming 12 months. Moreover, the overall level of confidence rose to a seven-month high.
“Business confidence
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