Factory Activity
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Factory growth in November expands at fastest pace in 2018 on rise in domestic and foreign demand
•India’s annual pace of economic growth moderated to 7.1 percent in the July-September quarter, from 8.2 percent in the previous three months.
Manufacturing sector activity eases in July amid softer increase in output, new orders: PMI
•Although modest, the latest improvement in the health of the manufacturing sector was the second-strongest after June.
RBI policy meeting: With core inflation remaining sticky, MPC has good enough reason not to delay a rate hike
Dinesh Unnikrishnan123 •If a rate hike needs to be done, it’s better to do it now rather than delaying it, and thus making the policy course clear to the financial markets.
December manufacturing PMI expands at fastest pace in five years driven by strong demand
•This is for the fifth consecutive month that the manufacturing PMI index has come in above 50-point mark that separates expansion from contraction
Services PMI at 10-month high in December as demand accelerates
Fp Archives •Nikkei/Markit Services Purchasing Managers' Index surged to 53.6 in December from November's 50.1