Current Affairs - Economy - Discussion

India's Manufacturing Purchasing Managers' Index (PMI) declined to 54.7 in October 2026 from 55.1 in September 2026, indicating a slight slowdown in the pace of manufacturing growth. However, the index remained above the neutral 50 mark, which signifies continued expansion in manufacturing activity. Strong global demand helped export orders reach a six-month high, while factory output continued to increase. Additionally, input inflation dropped to its lowest level since February 2026, and selling prices recorded their slowest increase in almost four years. These trends indicate continued growth in India's manufacturing sector despite moderating momentum.