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China s New Order Index Falls for 3 Consecutive Months Amid Declining Global Demand

India: Manufacturing Finishes 2022 On A Record High, PMI Surges To 57 8

India: Manufacturing Finishes 2022 On A Record High, PMI Surges To 57 8
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India s Manufacturing PMI moves up to 57 8 in December from 55 7 in November

The S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose to 57.8 in December 2022, up from 55.7 in November, pointing to a robust improvement in the health of the sector that was the best seen since October 2020.

Nov manufacturing PMI remains in contraction status on COVID cases

China's factory activity contracted in November as renewed COVID-19 outbreaks disrupted output and subdued demand, a business survey showed on Thursday.

India manufacturing PMI hits 3-month high in November as new orders surge

Demand resilience boosted manufacturing growth in India, with companies noting the quickest increases in new orders and production for three months. Moreover, firms were strongly confident towards growth prospects, with optimism driving another round of job creation and restocking initiatives

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