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India Factory Activity Logs Slowest Growth In 2 Years

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

India's manufacturing activity expanded at the weakest pace in two years amid slower rises in output and new orders, final survey data from S&P Global showed on Friday.

The HSBC manufacturing Purchasing Managers' Index dropped to 55.0 in December from 56.6 in November. The flash score was 55.7. However, a score above 50 indicates expansion in the sector.

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