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via economictimes.indiatimes.comEconomy

Manufacturing activity eases in October as new order growth drops

FROM THE WIRE · ECONOMICTIMES.INDIATIMES.COM

Manufacturing activity in India experienced a slowdown in October, decreasing from the previous month's growth. Despite this, the sector remained above its long-run average due to stronger international demand. A survey indicated that nearly 18% of manufacturers anticipated…

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishA slowdown in Indian manufacturing is a moderate macro signal for the economy.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Indian manufacturing activity slowed in October.
  2. 02The sector remains above its long-run average thanks to stronger foreign demand.
  3. 03Nearly 18% of manufacturers expect higher output over the next year.

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