Financial News: India Manufacturing Sector Strengthens In July

India Manufacturing Sector Strengthens In July

08/01/2025 - 03:41:00 (RTTNews)

(RTTNews) - India's manufacturing sector strengthened in July on faster increases in new orders, output and stocks of purchases, final survey data from S&P Global showed on Friday.

The HSBC manufacturing Purchasing Managers' Index rose to a 16-month high of 59.1 in July from 58.4 in June. The score was slightly below the flash estimate of 59.2.

The survey showed an accelerated expansion in new orders driven by favorable demand conditions and successful marketing initiatives. However, export orders grew at a slower pace in July.

Subsequently, production growth hit a 15-month high in July and manufacturers continued to hire additional staff.

Further, manufacturers remained confident of a rise in output over the coming twelve months. However, the level of confidence was the least marked in three years.

The survey showed a mild intensification of inflationary pressures, while charge inflation rose only fractionally.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

German Inflation Accelerates To 2.2% In August (47 min(s), 46 sec(s) ago)
(RTTNews) - Consumer price inflation in Germany climbed in August to its highest level in five mon ...Full Story»

Poland Inflation Eases To 14-month Low (04 hr(s), 10 min(s), 14 sec(s) ago)
(RTTNews) - Poland's consumer price inflation slowed further in August to the lowest level in ...Full Story»

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August (04 hr(s), 15 min(s), 14 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

Portugal GDP Growth Improves As Estimated, Inflation Rises (04 hr(s), 24 min(s), 14 sec(s) ago)
(RTTNews) - Portugal's economic growth accelerated as initially estimated in the second quart ...Full Story»

Chicago Business Barometer Slumps Much More Than Expected In August (04 hr(s), 33 min(s), 14 sec(s) ago)
(RTTNews) - MNI Indicators released a report on Friday showing a sharp pullback by its reading on ...Full Story»

Spain Inflation Steady At 2.7%; Retail Sales Growth Eases (05 hr(s), 15 min(s), 14 sec(s) ago)
(RTTNews) - Spain's consumer price inflation remained stable in August and retail sales growth ...Full Story»

U.S. Consumer Prices Increase In Line With Estimates In July (05 hr(s), 17 min(s), 14 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. increased in line with economist estimates in the month of ...Full Story»

Czech GDP Growth Eases Less Than Estimated (05 hr(s), 25 min(s), 14 sec(s) ago)
(RTTNews) - The Czech Republic's economic growth moderated less than initially estimated in t ...Full Story»