Mfg activity hits 4-mth low

The domestic manufacturing sector activity eased in September, as new orders, output and input buying rose at the slowest rates in four months, while job creation retreated to a one-year low, the HSBC India Manufacturing PMI, compiled by S&P Global, revealed on Wednesday.

- FPJ News Service

“The September headline index softened, but it remained well above the long-term average. New export orders increased at a faster rate in September, indicating demand outside of the US might be off setting any decline in demand from the US as a result of tariffs. Business confidence, as indicated by expectations for future output, show