India's manufacturing growth slowed in June to its second-weakest pace since mid-2022, as demand and hiring softened.
India's manufacturing sector
expanded at its second-slowest pace in four years in June as
cooling demand for goods dragged on output and hiring but easing
cost pressures provided some relief, a survey showed.The HSBC India Manufacturing Purchasing Managers' Index
(PMI), compiled by S&P Global, fell to 54.2 in June
India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
India's factory growth slows in June
Manufacturing PMI slows to 54.2 in June, second-lowest in four years
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India's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in…
India's manufacturing sector recorded its second-slowest growth since mid-2022 in June, as softened demand impacted output and…
Manufacturing PMI in India slows to 54.2 in June, marking the second-lowest level in four years amid declining orders.
India's private sector growth slowed in June, hitting a three-month low as weaker demand impacted both factories and services.…
India's private sector experienced a slowdown in June, reaching a three-month low as rising costs and softening demand impacted…
India's private sector growth slows to a three-month low in June, as demand and business confidence decline, PMI reveals.
