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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.