Tuesday, March 18, 2025 | 01:09 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

PMI: Dec factory activity at 7-month high but business optimism weakens

Solid growth in demand was despite output prices rising at the fastest rate in nearly three years

PMI manufacturing
Premium

Representative image

Reuters
India's factory activity expanded at its fastest pace in seven months in December as a jump in new orders prompted companies to ramp up production, a private business survey showed on Thursday.
 
Business optimism fell to an almost three-year low, however, as companies worried about challenging market conditions.
The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, rose to 52.7 in the final month of 2019 from November's 51.2.
 
The reading was the highest since May. It also remained above the 50-mark that separates growth from contraction for a 29th month, the longest since July 2013.
 
"The uptick in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in