FOREX TradingCharts.com

Financial News: India Manufacturing Activity Rises At Faster Pace

India Manufacturing Activity Rises At Faster Pace

10/01/2021 - 02:52:00 (RTTNews)

(RTTNews) - India's manufacturing sector logged a faster growth in September, as companies benefited from strengthening demand conditions amid the easing of COVID-19 restrictions, survey results from IHS Markit showed on Friday.

The manufacturing Purchasing Managers' Index rose to 53.7 in September from 52.3 in August. A reading above 50.0 indicates expansion.

Underpinned by faster growth in new orders, manufacturers ramped up production in September. Data showed that global demand for Indian goods strengthened in September.

To accommodate for rising sales and progress with production schedules, companies purchased additional raw materials.

Companies forecast further growth of sales as pandemic-related restrictions continue to ease. Employment remained unchanged in September.

Rising fuel, raw material and transportation prices pushed the overall rate of input cost inflation to a five-month high. Meanwhile, output prices increased at a slower rate.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Lithuania Industrial Production Increases In September (41 min(s), 59 sec(s) ago)
(RTTNews) - Lithuania's industrial production increased in September, figures from Statistics ...Full Story»

Norway Industrial Confidence Weakens In Q3 (02 hr(s), 05 min(s), 59 sec(s) ago)
(RTTNews) - Norway's industrial confidence weakened in the third quarter, data from Statistics ...Full Story»

France Private Sector Growth At 6-Month Low (02 hr(s), 21 min(s), 59 sec(s) ago)
(RTTNews) - France's private sector grew at the slowest pace in six months in October, flash s ...Full Story»

UK Retail Sales Fall Unexpectedly In September (03 hr(s), 34 min(s), 59 sec(s) ago)
(RTTNews) - UK retail sales declined unexpectedly in September, data published by the Office for N ...Full Story»

UK GfK Consumer Confidence Weakens For Third Straight Month (03 hr(s), 59 min(s), 59 sec(s) ago)
(RTTNews) - UK consumer confidence weakened for the third straight month in October, survey result ...Full Story»

Malaysia Inflation Rises In September (05 hr(s), 0 min(s),59 sec(s) ago)
(RTTNews) - Malaysia's consumer prices inflation rose in September, data from the Department o ...Full Story»

European Economics Preview: UK Retail Sales, Flash PMI Data Due (05 hr(s), 40 min(s), 59 sec(s) ago)
(RTTNews) - Flash Purchasing Managers' survey results and retail sales from the UK are due on ...Full Story»

Japan Manufacturing PMI Accelerates In October - Jibun (57 min(s), 01 sec(s) ago)
(RTTNews) - The manufacturing sector in Japan continued to expand in October, and at a faster pace ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Lithuania Industrial Production Increases In September

10/22/2021 - 05:16 AM (RTTNews)
(RTTNews) - Lithuania's industrial production increased in September, figures from Statistics ...Full Story>>

Norway Industrial Confidence Weakens In Q3

10/22/2021 - 03:52 AM (RTTNews)
(RTTNews) - Norway's industrial confidence weakened in the third quarter, data from Statistics ...Full Story>>

France Private Sector Growth At 6-Month Low

10/22/2021 - 03:36 AM (RTTNews)
(RTTNews) - France's private sector grew at the slowest pace in six months in October, flash s ...Full Story>>

UK Retail Sales Fall Unexpectedly In September

10/22/2021 - 02:23 AM (RTTNews)
(RTTNews) - UK retail sales declined unexpectedly in September, data published by the Office for N ...Full Story>>

UK GfK Consumer Confidence Weakens For Third Straight Month

10/22/2021 - 01:58 AM (RTTNews)
(RTTNews) - UK consumer confidence weakened for the third straight month in October, survey result ...Full Story>>

Do not sell my personal information

Copyright © 2021. 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.