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India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
India's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goods impacting output and hiring. While cost pressures eased, new orders and export sales saw a significant dip, with European clients contributing to weaker international demand. Business confidence also declined, reflecting concerns over market conditions.
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economictimes.indiatimes.com
Manufacturing growth seen moderating in Q1 as West Asia crisis weighs on sentiment: FICCI
India's manufacturing sector anticipates a slowdown in April-June FY27, influenced by West Asia tensions impacting business confidence. Despite this, robust domestic demand offers…
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India's manufacturing growth slows in Q1 as West Asia conflict weighs: FICCI
India's manufacturing sector anticipates a slower growth phase in the April-June quarter of FY27, influenced by the West Asia conflict. While production and order books saw a dip,…
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thehindubusinessline.com
June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
India's manufacturing growth slowed in June to its second-weakest pace since mid-2022, as demand and hiring softened.
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India's June factory growth slips to second-weakest since mid-2022 as demand softens, PMI shows
India's manufacturing sector experienced its second-slowest growth in four years during June, primarily due to a slowdown in demand for goods impacting output and hiring. While…
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thehindu.com
Manufacturing PMI slows to 54.2 in June, second-lowest in four years
Manufacturing PMI in India slows to 54.2 in June, marking the second-lowest level in four years amid declining orders.
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newsbytesapp.com
India's factory growth slows in June
India's manufacturing sector recorded its second-slowest growth since mid-2022 in June, as softened demand impacted output and hiring despite easing cost pressures.
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businessday.co.za
Manufacturing activity stumbles on weaker demand
Business confidence rises but orders and employment fall amid ongoing uncertainty
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zerohedge.com
US Manufacturing Expanded For 6th Straight Month In June As Inflation Fears Ease
"Employment was nevertheless cut sharply as firms often sought to offset the rising cost of energy and raw materials..."
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cryptobriefing.com
US manufacturing activity eases in June as prices remain stubbornly elevated
ISM manufacturing PMI fell to 53.3 in June from 54.0 in May, missing forecasts. The Prices Index dropped to 73.0 but still signals elevated factory costs.
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US manufacturing activity eases in June; prices paid by factories remain elevated
US manufacturing activity saw a slight dip in June, following a robust May. While expansion continues for the sixth month, the pace has moderated. This slowdown is attributed to a…