October manufacturing activity at two-year low, PMI at 50.6

The slower growth of the manufacturing sector for the month of October comes on the back of core sector growth registering a contraction of more than five per cent for the month of September driven down by an across the board contraction barring fertilisers. The survey report indicates that the slowdown will persist for a longer period.

from Economy-News-Economic Times https://ift.tt/2WAPdiS