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.
PMI manufacturing drops to 54.7 in October
EXECUTIVE SUMMARY
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.
Key Takeaways
- PMI manufacturing drops to 54.7 in October.
- 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.
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Published originally on The Hindu Business Line
