FOREX TradingCharts.com

Financial News: India's Manufacturing Growth Improves In April

India's Manufacturing Growth Improves In April

05/02/2018 - 01:27:00 (RTTNews)

(RTTNews) - India's manufacturing growth accelerated in April, underpinned by fastest rises in output and new orders, survey data from IHS Markit showed Wednesday.

The Nikkei manufacturing Purchasing Managers' Index, or PMI, rose to 51.6 in April from 51.0 in March. Any reading above 50 indicates expansion in the sector.

Both output and new orders grew at an accelerated pace in April on the backdrop of favorable demand conditions.

Consequently, manufacturers raised their workforce numbers in April, but the rate of growth was marginal.

On the price front, both input prices and selling prices continued to rise at slower rates in April.

"Business sentiment was at the strongest level seen since the implementation of the Goods and Services Tax in July 2017, driven by expectations that underlying demand will improve further over the next 12 months, and subsequently firms reported a renewed increase in job recruitment," Aashna Dodhia, Economist at IHS Markit, said.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


BRAZIL: IGP-M PRICE INDEX POSTS 1.2% MONTHLY RISE IN SECOND FLASH MAY READING (42 min(s), 19 sec(s) ago)
(RTTNews) - aa For comments and feedback: contact editorial@rttnews ...Full Story»

COLOMBIA: ELECTRIC POWER DEMAND RISES 1.6% IN APRIL FROM PREVIOUS YEAR (36 min(s), 19 sec(s) ago)
(RTTNews) - aa For comments and feedback: contact editorial@rttnews ...Full Story»

Bulgaria Current Account Deficit Narrows In March (42 min(s), 19 sec(s) ago)
(RTTNews) - Bulgaria's current account deficit decreased notably in March from a year ago, fig ...Full Story»

Portugal PPI Inflation Accelerates In April (08 min(s), 19 sec(s) ago)
(RTTNews) - Portugal's producer price inflation accelerated slightly in April, after easing in ...Full Story»

Eurozone Trade Surplus Grows In March (10 min(s), 41 sec(s) ago)
(RTTNews) - Eurozone trade surplus increased in March from a month earlier, as exports grew faster ...Full Story»

Eurozone Current Account Surplus At 9-Month Low (01 hr(s), 31 min(s), 41 sec(s) ago)
(RTTNews) - The euro area current account surplus declined for the second straight month in March ...Full Story»

Czech PPI Remains Flat In April As Expected (02 hr(s), 47 min(s), 41 sec(s) ago)
(RTTNews) - Czech producer prices showed no variations in April, in line with expectations, figure ...Full Story»

Germany Wholesale Prices Rise At Faster Rate In April (03 hr(s), 20 min(s), 41 sec(s) ago)
(RTTNews) - Germany's wholesale price inflation accelerated in April after remaining stable in ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

BRAZIL: IGP-M PRICE INDEX POSTS 1.2% MONTHLY RISE IN SECOND FLASH MAY READING

05/18/2018 - 12:50 PM (RTTNews)
(RTTNews) - aa For comments and feedback: contact editorial@rttnews ...Full Story>>

COLOMBIA: ELECTRIC POWER DEMAND RISES 1.6% IN APRIL FROM PREVIOUS YEAR

05/18/2018 - 12:44 PM (RTTNews)
(RTTNews) - aa For comments and feedback: contact editorial@rttnews ...Full Story>>

Bulgaria Current Account Deficit Narrows In March

05/18/2018 - 06:50 AM (RTTNews)
(RTTNews) - Bulgaria's current account deficit decreased notably in March from a year ago, fig ...Full Story>>

Portugal PPI Inflation Accelerates In April

05/18/2018 - 06:16 AM (RTTNews)
(RTTNews) - Portugal's producer price inflation accelerated slightly in April, after easing in ...Full Story>>

Eurozone Trade Surplus Grows In March

05/18/2018 - 05:57 AM (RTTNews)
(RTTNews) - Eurozone trade surplus increased in March from a month earlier, as exports grew faster ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.