Thursday, March 5, 2026
Facebook Instagram Twitter Youtube
Home Authors Posts by Bazar Observer

Bazar Observer

2765 POSTS 0 COMMENTS
https://www.bazarobserver.com
HOT NEWS

Kashmir Apple Rates Down By 30%, Growers Seek Govt Support To...

Bazar Observer -
HOT NEWS

Rate Setting Panel Meets To Discuss, Draft Report On Missing Inflation...

Bazar Observer -
HOT NEWS

India’s Services Sector Sees Upturn In October On Improved Demand

Bazar Observer -
HOT NEWS

Twitter’s Blue Tick On Sale For USD 8 Per Month, Says...

Bazar Observer -
BANKING

JK Bank Launches ‘RBI Kehta Hai: Jaankar Baniye, Satark Rahiye’ Campaign

Bazar Observer -
MARKETS

India’s Gold Demand Hits Pre-Pandemic Levels; Q3 Gold Demand Up 14%:...

Bazar Observer -
CARS & BIKES

Passenger Vehicle Sales Get Festive Treat In October Amid Surge In...

Bazar Observer -
HOT NEWS

GST Collection At Rs 1.52 Lakh Crore In October, Second Highest...

Bazar Observer -
HOT NEWS

Festive Season Propels Petrol, Diesel Demand To Highest In Four Months

Bazar Observer -
New Delhi, Jan 3 (PTI) India's manufacturing sector growth fell to an 18-month low in December amid softer increase in factory orders and output, despite minimal inflation, a monthly survey said on Wednesday. The HSBC India Manufacturing PMI survey, conducted by S&P Global, showed that there were softer, albeit sharp, increase in factory orders and output, while business confidence towards the year-ahead outlook strengthened. The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion while a score below 50 denotes contraction. The HSBC India Manufacturing PMI is compiled by S&P Global from responses to questionnaires sent to purchasing managers in a panel of around 400 manufacturers. "India's manufacturing sector continued to expand in December, although at a softer pace, following an uptick in the previous month. Growth of both output and new orders softened, but on the other hand, the future output index rose since November," said Pranjul Bhandari, Chief India Economist at HSBC. Despite a loss of growth momentum, the sector still expanded strongly in December. New business gains, favourable market conditions, fairs and expositions collectively induced another sharp increase in manufacturing production during December, according to panellists. The December data showed a 21st consecutive increase in international order receipts at goods producers in India. "Companies noted gains from clients in Asia, Europe, the Middle East and North America. New export sales expanded at a moderate pace that was the joint-slowest in eight months," the survey noted. On the prices front, input costs rose at the second-slowest rate in nearly three-and-a-half years and charge inflation softened to a nine-month low. Among the items reported to have been up in price were chemicals, paper and textiles. Little-changed from November, however, the rate of inflation was negligible by historical standards and was the second-weakest in just under three-and-a-half years, as per the survey. "Rates of increase in input and output prices were broadly unchanged," Bhandari added. HSBC India PMI data showed a general lack of pressure on the capacity of manufacturers at the end of the third fiscal quarter. Subsequently, employment was largely stable in December. When assessing the year-ahead outlook for production, Indian manufacturers were at their most upbeat for three months. Anecdotal evidence highlighted advertising, better customer relations and new enquiries as the main factors boosting business confidence in December, the survey said.
HOT NEWS

India’s Manufacturing Activities Remain Strong In October: Survey

Bazar Observer -
1...149150151...277Page 150 of 277
© Bazar Observer | Designed by GITS