India's Oct flash composite PMI rises from 10-mth low Sept print
The Free Press Journal|October 25, 2024
India's private sector activity picked up in October after slowing to a 10-month low the previous month, with both the services and manufacturing sectors expanding faster than in September.

The HSBC Flash India Composite Purchasing Managers' Output Index, compiled by S&P Global, rose to 58.6 in October from the final print of 58.3 in September.

"India's flash manufacturing PMI indicated that the manufacturing industry regained growth momentum in October. Several components accelerated after a modest slowdown over the past two to three months," Pranjul Bhandari, chief India economist at HSBC, said in a release.

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