India's manufacturing PMI drops to nine-month low
pre-market1 source ↓written by the desknot a recommendation
- in October
- 59.2
India's manufacturing sector faces challenges as the PMI falls to 56.6 in November, down from 59.2 in October. This decline reflects reduced sales growth and production amid tough market conditions, largely influenced by US tariffs. The PMI indicates slower expansion, with readings above 50 signaling growth. Traders should monitor the sector's response to these tariffs.
Not investment advice. For informational purposes only.