Financial News: India Manufacturing Growth Strongest In 7 Months

India Manufacturing Growth Strongest In 7 Months

10/01/2026 - 03:22:00 (RTTNews)

(RTTNews) - India's manufacturing activity expanded at the quickest pace in seven months in September amid strong demand conditions, final survey data from S&P Global showed on Thursday.

The HSBC manufacturing purchasing managers' index rose to 55.1 in September from 52.8 in August. The flash score was 55.7. A reading above 50 indicates expansion in the sector.

New orders grew at the fastest pace since February amid firmer demand for electronic, food, pharmaceutical, and textile products. The new export order also increased at a faster pace on the back of more gains from clients in Brazil, Europe, the UAE, and the US.

In line with favorable demand conditions, output logged its fastest expansion in four months, and employment was the most pronounced since May. Manufacturers also raised their buying activity compared to August.

On the price front, input price inflation accelerated due to higher prices for electronic components, pharmaceutical items, and steel. However, the rate of inflation remained below its long-run average. Similarly, selling price inflation also stayed below trend.

Looking ahead, goods producers remained more optimistic about output expectations over the year ahead, with the overall level of positive sentiment rising to a four-month high.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Crude Oil Inventories Decrease More Than Expected, Extending Recent Slump (01 hr(s), 53 min(s), 12 sec(s) ago)
(RTTNews) - The Energy Information Administration released a report on Wednesday showing an extend ...Full Story»

Bank Indonesia Holds Key Rate; Raises Deposit Facility Rate (03 hr(s), 23 min(s), 12 sec(s) ago)
(RTTNews) - Bank Indonesia maintained its benchmark rate but raised the deposit facility rate by 2 ...Full Story»

UK Inflation Rises To 3.5% On Energy Costs; Bolsters Rate Hike Case (04 hr(s), 11 min(s), 12 sec(s) ago)
(RTTNews) - UK consumer price inflation strengthened more than expected in September as the Middle ...Full Story»

Iceland Jobless Rate Falls To 5.7% In September (04 hr(s), 18 min(s), 12 sec(s) ago)
(RTTNews) - Iceland's unemployment rate decreased in September to the lowest level in three mo ...Full Story»

Croatia Jobless Rate Remains Stable At 3.4% (04 hr(s), 56 min(s), 12 sec(s) ago)
(RTTNews) - Croatia's unemployment rate held steady in September after rising slightly in the ...Full Story»

Slovenia Producer Price Inflation Highest Since July 2023 (05 hr(s), 34 min(s), 12 sec(s) ago)
(RTTNews) - Slovenia's producer price inflation accelerated further in September to the highes ...Full Story»

Belgian Consumer Confidence Falls To 18-month Low (06 hr(s), 08 min(s), 12 sec(s) ago)
(RTTNews) - Households in Belgium expressed a more pessimistic attitude in October, and the confid ...Full Story»

South Africa Inflation Rises To 4.5% In September (07 hr(s), 58 min(s), 12 sec(s) ago)
(RTTNews) - South Africa's consumer price inflation increased less-than-expected in September ...Full Story»