India Business Activity Rebounds in September
India business growth accelerated in September on stronger demand in manufacturing and services. The flash composite PMI rose to 56.5 from 54.3, reaching a three-month high. However, weaker export momentum and slower hiring tempered the outlook.
Xurve View
Insights:
Xurve View
India's business activity accelerated in September to a 3-month high as domestic demand strengthened. The expansion follows a slower summer quarter in Asia's third-largest economy. Investors are weighing the manufacturing rebound against sluggish export growth and persistent consumer price pressures.
