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Manufacturing PMI rises in Jan

Financial Express Chennai

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February 04, 2025

INDIAN MANUFACTURERS STARTED 2025 on a strong note after a slight moderation in December. The HSBC India Manufacturing PMI rose to a six-month high of 57.7 in January from a one-year low of 56.4 a month ago.

- FE BUREAU

According to a release by S&P Global, new orders for manufacturing firms during January surged at the fastest pace since July, driven by the sharpest export growth in nearly 14 years. This led to a significant expansion in output, increased buying activity, and record job creation. Cost pressures eased to an 11-month low, but strong demand kept selling prices elevated, it

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