scorecardresearchManufacturing PMI Index: India's factory growth hits 8-month high as easing price pressures lift demand

Manufacturing PMI Index: India's factory growth hits 8-month high as easing price pressures lift demand

Updated: 01 Aug 2022, 10:37 AM IST
TL;DR.
The Manufacturing Purchasing Managers' Index, compiled by S&P Global, jumped to 56.4 in July from June's 53.9, remaining above the 50-level separating growth from contraction for a thirteenth month.
FILE PHOTO: A worker operates a lathe machine as he makes a steel cutter at a manufacturing unit in Noida, on the outskirts of New Delhi November 3, 2014. Indian factory activity expanded at a modest pace in October, as stronger demand led manufacturers to add jobs for the first time in four months and allowed them to raise prices, a business survey showed on Monday. REUTERS/Anindito Mukherjee

FILE PHOTO: A worker operates a lathe machine as he makes a steel cutter at a manufacturing unit in Noida, on the outskirts of New Delhi November 3, 2014. Indian factory activity expanded at a modest pace in October, as stronger demand led manufacturers to add jobs for the first time in four months and allowed them to raise prices, a business survey showed on Monday. REUTERS/Anindito Mukherjee