Data showed that manufacturing PMI fell to 55.5 in December from 57.6 in November
The PMI survey results reinforce evidence of a continued recovery in Asia's third-largest economy from the coronavirus pandemic-induced slump.
An easing of Covid-19 restrictions drove demand and boosted sales, indicating the economy was on the path to normalization.
Cost pressures remained an issue as materials shortages and delivery delays caused input prices to surge the most in 13 years.
Input costs hot 92-month high, prompting some firms to raise selling prices
The IHS Markit Services Purchasing Managers' Index eased to 55.2 in September from August's 18-month high of 56.7, but stayed comfortably above the 50-mark separating growth from contraction.
The IHS Markit PMI for manufacturing rose to 53.7 in September from 52.3 recorded in August, highlighting a stronger expansion in overall business conditions
The recovery might continue for at least a few months, supported by ultra-easy monetary policy and continued fiscal spending
Vietnam's IHS Markit PMI fell to 40.2 from 45.1 in July, its third consecutive month of contraction and the lowest reading since April 2020
Smaller manufacturers are resorting to cuts in the wage bill to keep afloat, as the demand situation in the economy remains low
The Nifty Realty index jumped 5 per cent today while the Nifty Metal index slipped 1.8 per cent
Consumption growth could be disappointing and stock prices have run up fast
Jumps to 3-month high after June contraction; marginal rise in jobs
Number is below the critical no-change mark of 50 for the first time since July 2020.
The Nikkei Manufacturing Purchasing Managers' Index compiled by IHS Markit, declined to an 11-month low of 48.1 in June from May's 50.8
Retail exuberance keeps stock markets going
Job loss accelerated as Covid-19 'crisis intensifies' in sector, says private survey
Consumer goods was the strongest-performing category in April, followed by capital goods and intermediate goods
The country's official manufacturing purchasing managers' index (PMI) fell to 51.1 in April from 51.9 in March
The index was above the critical 50 mark that separates growth from contraction for the fifth month in a row during February