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India manufacturing PMI falls to 5-year low in August as demand weakens
Indian manufacturing faced its lowest growth rate in five years during August, characterized by a slowdown in output and new orders amid diminished demand. This period also marked the first job contraction in over two years, although input procurement remained robust for the sixty-second month. Finished goods stocks swelled as actual sales fell short of forecasts.
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thehindubusinessline.com
India's factory growth drops to five-year low in August on weakening demand: PMI
India's factory growth hits a five-year low in August, driven by weak demand and rising job losses, PMI reports.
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India manufacturing PMI falls to five-year low of 52.8
India’s manufacturing PMI fell to 52.8 in August, a five-year low, as output and new orders growth weakened and employment contracted mildly.
