India's manufacturing growth in December cools to 18-month low on weaker new orders, output

India Factory PMI: India's manufacturing sector concluded 2023 with a slightly shaky performance, as indicated by the HSBC India Manufacturing Purchasing Managers' Index, falling to 54.9 in December from November's 56.0. While growth in output and new orders softened, the sector continued to expand for the 30th consecutive month, with a positive outlook for the future.

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