India Manufacturing Slowdown
India's factory output growth decelerated to a four-year low in June as new orders and hiring cooled, though easing input costs provided some relief for producers.
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- MARKETIndia manufacturing PMI falls to three-month low as demand softens
Factory output growth decelerated in June, though easing input costs offer some relief for inflation-sensitive investors.
- MARKETIndia factory growth slows to second-weakest pace since mid-2022 as demand cools
Softening orders and hiring in India's manufacturing sector signal a broader demand pullback, adding to global growth concerns alongside euro zone contraction.