India Manufacturing Growth Slows in October
India's manufacturing activity slowed in October, as the pace of growth in new orders dropped from the previous month. The sector still stayed above its long-run average, helped by stronger demand from overseas buyers. Around 18% of manufacturers expect an increase in the coming period.
Context
Context: This monthly survey is closely watched because a reading above 50 signals expansion, so a slowdown can still be positive news if activity stays above that line.
Burning Potato score: 56%