🟡 Medium ImpactMacro
India's June factory growth slows, PMI shows soft demand
India's June factory growth slows to second-weakest since mid-2022. The HSBC PMI fell to 50.9, down from 51.8, indicating marginal expansion but weakening demand. New orders and export demand softened, impacting production and employment. Input costs rose while output prices were under pressure.
📊 STOCKS: | 🏢 SECTOR: Macro | #MEDIUMIMPACT #PMI
#PMI#manufacturing#economy
⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.
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