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Economy And The Numbers

India Factory Growth Revised Lower In April

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

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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