India's manufacturing activity logged the second-weakest growth in four years amid soaring inflationary pressures caused by the impact of the Middle East War, final survey data from S&P Global showed on Monday.
The HSBC manufacturing purchasing managers' index rose to 54.7 in April from 53.9 in March. The flash score was 55.9. A reading above 50 indicates expansion in the sector. Nonetheless, this was the second-weakest expansion since 2022.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.