INDIA PRIVATE SECTOR ACTIVITY HITS FOUR - MONTH HIGH AS INFLATION COOLS : HSBC FLASH INDIA PMI

What happened: India's private-sector activity rose to a four-month high in October, with HSBC's Flash India PMI showing faster expansion in manufacturing and services on stronger new orders and easing inflation. Key numbers: Composite Output Index 56.7 in October vs 55.9 in September. Manufacturing Output Index 57.6 vs 57.5. Why it matters: New export orders rose at the fastest pace in six months, and input-cost inflation slowed for a seventh month. Employment growth was only marginal, with services staffing unchanged and ending a nine-month hiring sequence.

India private sector activity hits four-month high as inflation cools, per HSBC flash PMI.

India private sector activity hits four-month high as inflation cools, per HSBC flash PMI. — impact context not separately stored; see What changed.