Factory activity levels hit a 12-month low in December

HSBC India Manufacturing PMI dropped to 56.4 last month, from 56.5 in November, as sales and output growth stumbled; diminishes hopes of a substantive third quarter rebound from the disappointing 2.2% uptick for the industrial sector in Q2

Jan 2, 2025 - 11:35
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Factory activity levels hit a 12-month low in December
HSBC India Manufacturing PMI dropped to 56.4 last month, from 56.5 in November, as sales and output growth stumbled; diminishes hopes of a substantive third quarter rebound from the disappointing 2.2% uptick for the industrial sector in Q2

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