India Nikkei/IHS/Markit Sept mftg PMI now out 3 Oct
- 51.9 exp
- new orders sub-index 51.0 vs 51.5 prev, 3-mth lows
Unchanged on August and still in positive territory but coming in below expectations.
Says IHS Markit:
- Output and new business growth remained weak in the context of historical survey data
- The lingering effect of recent economic shocks continue to cast a shadow on economic growth
India's GDP fell to a 3-year low of 5.7% in the April-June quarter
USDINR currently 65.60
