Page 3 - Latest Updates on Manufacturing PMI
India's factory activity growth hits 6-month high, January PMI at 57.7
The index has been above the 50-mark separating expansion from contraction since July 2021
 "India's factory activity growth hits 6-month high, January PMI at 57.7")
Markets Today: GIFT Nifty; Trump tariffs; Nikkei; Mfg PMI; Budget 2025; RBI
At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets
 "Markets Today: GIFT Nifty; Trump tariffs; Nikkei; Mfg PMI; Budget 2025; RBI")
China Jan manufacturing activity shrinks unexpectedly, hits five-month low
China's $18 trillion economy hit the government's growth target of "around 5 per cent" over 2024 but in a lopsided fashion, with exports and industrial output far outpacing retail sales
 "China Jan manufacturing activity shrinks unexpectedly, hits five-month low")
India's manufacturing PMI slips to 12-month low of 56.4 in December
Pranjul Bhandari, chief India economist at HSBC, said that India's manufacturing activity ended a strong 2024 on soft note, amidst more signs of a slowing trend, albeit moderate, in industrial sector
 "India's manufacturing PMI slips to 12-month low of 56.4 in December")
Indian manufacturing ends strong 2024 with a soft note, Dec PMI at 56.4
According to the HSBC Final India Manufacturing PMI, compiled by S&P Global, this was the joint weakest growth rate of 2024
 "Indian manufacturing ends strong 2024 with a soft note, Dec PMI at 56.4")
Markets today: Nov WPI; Dec PMI flash; MobiKwik, Vishal Mega IPO allotment
In the previous session, the Sensex settled 843.16 points or 1.04 per cent higher at 82,133.12. Similarly, the Nifty ended higher 219.60 points or 0.89 per cent at 24,768.30
 "Markets today: Nov WPI; Dec PMI flash; MobiKwik, Vishal Mega IPO allotment")
Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov
The rate of expansion is second-weakest in 11 months, the figure stood at 56.5 in January
 "Stymied by fierce competition, manufacturing PMI slips to 56.5 in Nov")
November PMI at 56.5 as India's manufacturing growth shows signs of strain
HSBC final India Manufacturing PMI for November matches September's eight-month low of 56.5
 "November PMI at 56.5 as India's manufacturing growth shows signs of strain")
Nov Flash PMI: Charge inflation hits 12-year high, but biz confidence rises
HSBC Flash November PMI: Composite output index rises to 59.5, up from October's final reading of 59.1. Manufacturing PMI dips to 60.2, services PMI rises to 59.2
Strong demand revives manufacturing PMI to 57.5 in October after 8-mth low
The survey also noted that new export orders exhibited stronger growth, following the weakest increase in a year and a half during September, with gains reported in new contracts
Market Today: ITC Q2, FII selling, Waaree, Deepak Builders IPO allotment
Investors will closely monitor quarterly earnings reports alongside manufacturing, composite, and services data for October
 "Market Today: ITC Q2, FII selling, Waaree, Deepak Builders IPO allotment")
Growth in Indian mfg sector slows to 3-mth low in August, PMI dips to 57.5
Indian manufacturers registered softer increases in new business and output during August
India's manufacturing activity growth hits 3-mth low in Aug, shows PMI
The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, fell for a second month in August, dropping to 57.5 from July's 58.1
Softer rise in manufacturing output slows flash PMI to 60.5 in August
Pace of expansion remains sharp and indicates strong demand and favourable market conditions, HSBC survey
 "Softer rise in manufacturing output slows flash PMI to 60.5 in August")
India biz activity extends robust growth streak in August: HSBC Flash PMI
The flash services PMI index rose to 60.4 this month from 60.3 in July, while a preliminary manufacturing PMI showed strong growth, albeit slightly weaker than last month
 "India biz activity extends robust growth streak in August: HSBC Flash PMI")
Softer increase in new orders, output slows down manufacturing PMI in July
However, international sales expanded at the fastest pace in over 13 years, while job creation remained robust, and selling prices saw the steepest increase since October 2013
 "Softer increase in new orders, output slows down manufacturing PMI in July")
Factories across Europe, Asia struggled in July as demand waned, shows PMIs
It was a broadbased downturn in the euro zone while a slump in China's manufacturing activity suppressed its Asian neighbours
 "Factories across Europe, Asia struggled in July as demand waned, shows PMIs")
Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June
A figure above 50 in the index denotes expansion and that below signifies contraction
 "Higher demand pushes hiring up as manufacturing PMI touches 58.3 in June")
Heatwave drags manufacturing growth to three-month low in May: PMI data
But the sector remains in expansionary territory in May. Manufacturing employment rose to one of the greatest extents seen since data collection started in March 2005
 "Heatwave drags manufacturing growth to three-month low in May: PMI data")
India's May factory growth slips to 3-month low, but remains sturdy: PMI
The HSBC final India Manufacturing Purchasing Managers' Index, compiled by S&P Global, dipped to 57.5 in May from April's 58.8, below a preliminary estimate of 58.4