India's Dec factory activity growth hits 2024 low, PMI shows

By Yahoo! Finance   |   2 days ago
India's Dec factory activity growth hits 2024 low, PMI shows

India's manufacturing sector grew at its slowest pace in December, indicating a weakening trend despite strong job growth. The HSBC final India Manufacturing Purchasing Managers' Index fell to 56.4, below expectations. However, exports improved, and firms continued to hire new staff.

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