India's factory growth cooled to eight-month low in September, PMI shows
- Posted on October 1, 2024
- By Business News Today
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India's factory growth cooled to eight-month low in September, PMI shows
India's manufacturing growth decreased to an eight-month low in September due to weakening demand and reduced output. New orders and export growth slowed, while input cost inflation rose. The PMI index dropped to 56.5 from August's 57.5, reflecting reduced optimism and lower employment generation.
