FOREX TradingCharts.com

Financial News: India Manufacturing Activity Grows Most In 8 Months

India Manufacturing Activity Grows Most In 8 Months

04/02/2025 - 03:01:00 (RTTNews)

(RTTNews) - India's manufacturing sector expanded at the quickest pace in eight months as a faster upturn in total sales underpinned a sharper increase in output, data compiled by S&P Global showed on Wednesday.

The HSBC final manufacturing Purchasing Managers' Index climbed to 58.1 in March from 56.3 in February. The flash reading was 58.6. A score above 50.0 indicates expansion.

New orders grew at the quickest pace since July 2024, spurred by positive customer interest, favorable demand conditions, and successful marketing initiatives. As a result, firms increased production volumes at the end of the financial year and at the fastest pace in eight months.

Meanwhile, the growth in new export orders eased to a 3-month low. The overall export demand was driven by gains from Asia, Europe, and the Middle East.

Capacity pressures among manufacturers remained mild, with outstanding business rising at a marginal pace that was slower than in February. Employment nevertheless rose at a solid rate in March.

On the price front, input price inflation rose to a 3-month high amid higher costs for copper, electronic items, leather, LPG, and rubber. Meanwhile, selling prices rose at a slower rate.

Looking ahead, Indian manufacturers remained confident about output expectations for the next twelve months, buoyed by favorable demand conditions, better customer relations, and projects pending approval.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Swedish Service Sector Contracts In March (14 min(s), 54 sec(s) ago)
(RTTNews) - Sweden's services activity deteriorated for the first time in six months in March, ...Full Story»

Swiss Inflation Remains Stable At 0.3% (50 min(s), 54 sec(s) ago)
(RTTNews) - Switzerland's consumer price inflation held steady in March after easing to a near ...Full Story»

Russian Services Activity Loses Growth Momentum (01 hr(s), 16 min(s), 54 sec(s) ago)
(RTTNews) - The Russian service sector activity broadly stagnated in March amid a slowdown in new ...Full Story»

Japan Services Sector Stagnates (02 hr(s), 24 min(s), 54 sec(s) ago)
(RTTNews) - Japan services sector stagnated in March and contrasted with expansions in the past fo ...Full Story»

Australia Trade Surplus Shrinks In February (02 hr(s), 25 min(s), 54 sec(s) ago)
(RTTNews) - Australia's trade surplus decreased in February as exports fell amid an increase i ...Full Story»

China Services Activity Growth Accelerates (02 hr(s), 49 min(s), 54 sec(s) ago)
(RTTNews) - China's service sector growth accelerated to a three month-high in March on rising ...Full Story»

European Economic News Preview: Eurozone Final Composite PMI Data Due (03 hr(s), 20 min(s), 54 sec(s) ago)
(RTTNews) - Final composite Purchasing Managers' survey results from the euro area and the UK ...Full Story»

Australia Services Sector Picks Up Steam In March - S&P Global (27 min(s), 06 sec(s) ago)
(RTTNews) - The services sector in Australia continued to expand in March, and at a faster rate, t ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Swedish Service Sector Contracts In March

04/03/2025 - 04:39 AM (RTTNews)
(RTTNews) - Sweden's services activity deteriorated for the first time in six months in March, ...Full Story>>

Swiss Inflation Remains Stable At 0.3%

04/03/2025 - 04:03 AM (RTTNews)
(RTTNews) - Switzerland's consumer price inflation held steady in March after easing to a near ...Full Story>>

Russian Services Activity Loses Growth Momentum

04/03/2025 - 03:37 AM (RTTNews)
(RTTNews) - The Russian service sector activity broadly stagnated in March amid a slowdown in new ...Full Story>>

Japan Services Sector Stagnates

04/03/2025 - 02:29 AM (RTTNews)
(RTTNews) - Japan services sector stagnated in March and contrasted with expansions in the past fo ...Full Story>>

Australia Trade Surplus Shrinks In February

04/03/2025 - 02:28 AM (RTTNews)
(RTTNews) - Australia's trade surplus decreased in February as exports fell amid an increase i ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.