Indian HSBC Manufacturing PMI Final (Apr) 54.7 vs. Exp. 55.9 (Prev. 53.9)

The final Manufacturing PMI for April in India came in lower than expectations, indicating a slight slowdown in manufacturing activity compared to previous readings.

Newsquawk StaffPublished 4 May 2026, 05:20 UTCOn the live feed at 05:00 UTC — 3 more headlines followed before this page went public

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05:14

ECB's Muller says ECB rate is at more-or-less neutral level and allows time to wait

05:02

Pakistani and Iranian Foreign Ministers held a call to discuss regional situation and the ongoing diplomatic efforts, according to Pakistan's Foreign Ministry

05:00

Indian HSBC Manufacturing PMI Final (Apr) 54.7 vs. Exp. 55.9 (Prev. 53.9)

04:59

Washington informed Israel that the ceasefire with Lebanon will remain in effect despite any developments with Iran, Al Jazeera reports citing Channel 12 sources

04:46

[MARKET UPDATE] USD/JPY has retraced around half of the move seen at 04:45BST, with the pair now back at 156.75 after falling as low as 155.67 earlier

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Context

This miss against expectations could signal softer economic momentum and may have implications for future policy stances, particularly regarding growth outlook and inflation dynamics.

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