India's manufacturing activity expanded at the fastest pace in three months, driven by quicker rises in new orders, output, and input buying amid precautionary stockpiling as the Middle East conflict remains unresolved, final survey data from S&P Global showed on Monday.
The HSBC manufacturing purchasing managers' index rose to 55.0 in May from 54.7 in April. The flash score was 54.3. A reading above 50 indicates expansion in the sector.
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.