India's manufacturing activity continued to expand strongly in May, though at the weakest pace in three months amid slower rises in new orders and output, data compiled by S&P Global showed on Monday.
The HSBC final manufacturing Purchasing Managers' Index dropped to 57.6 in May from 58.2 in April. The flash reading was 58.5. Nonetheless, a score above 50.0 indicates expansion.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.