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

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India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high
Photo / Coverage: The Hindu Business Line
EXECUTIVE SUMMARY

Stronger overseas demand, easing input costs and rising factory inventories supported continued expansion, even as business confidence weakened during the month.

Key Takeaways

  • India’s manufacturing PMI eases to 54.7 in October as export orders hit six-month high.
  • Stronger overseas demand, easing input costs and rising factory inventories supported continued expansion, even as business confidence weakened during the month.
  • Stronger overseas demand, easing input costs and rising factory inventories supported continued expansion, even as business confidence weakened during the month.

Stronger overseas demand, easing input costs and rising factory inventories supported continued expansion, even as business confidence weakened during the month.

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