Key Points
HSBC India Manufacturing Purchasing Managers Index rose to a four-month of 56.5, recovering from an 18-month low of 54.9 hit in the previous month, buoyed by domestic demand, according to results of a private survey released Thursday...
Current output expanded on robust demand, with domestic orders growing at a faster pace than export orders, said Ines Lam, economist, HSBC...
The input price index inched up, but manufacturers were able to pass on some of the cost pressures to consumers, as suggested by the small rise in the output price index," Lam noted...
Indias core inflation declined below 4% for the first time in 48-months in December, giving more support for the Reserve Bank of India to cut rates in the later part of the year...
Panellists were at their most upbeat towards the year-ahead outlook for output in 13 months, the report said.. -manufacturing PMI) Jul-2256.4Aug-2256.2Sep-2255.1Oct-2255.3Nov-2255.7Dec-2257.8Jan-2355.4Feb-2355.3Mar-2356.4Apr-2357.2May-2358.7Jun-2357.8Jul-2357.7Aug-2358.6Sep-2357.5Oct-2355.5Nov-2356Dec-2354.9Jan-2456.5Note:.
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