Manufacturing Growth Hits 12-Month Low in Dec
Hindustan Times Ranchi|January 03, 2025
India's manufacturing sector growth fell to a 12-month low in December, as new business orders and production expanded at softer rates, a monthly survey said on Thursday.
Press Trust of India

NEW DELHI: India's manufacturing sector growth fell to a 12-month low in December, as new business orders and production expanded at softer rates, a monthly survey said on Thursday.

The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index was at 56.4 in December, down from 56.5 in November, indicating a weaker improvement in operating conditions.

Despite the decline, the headline figure remained above its long-run average of 54.1 thereby signaling a robust rate of growth.

In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

هذه القصة مأخوذة من طبعة January 03, 2025 من Hindustan Times Ranchi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة January 03, 2025 من Hindustan Times Ranchi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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