Indian HSBC Manufacturing PMI Final (Feb) 56.9 vs. Exp. 56.9 (Prev. 55.4)

Indian HSBC Manufacturing PMI Final (Feb) 56.9 vs. Exp. 56.9 (Prev. 55.4)

The final print of India's HSBC Manufacturing PMI for February came in at 56.9, matching expectations and well above the previous month's figure of 55.4. This steady reading indicates sustained expansion in the manufacturing sector, which is positive for economic growth and might reinforce expectations for monetary policy continuity as inflation pressures remain manageable.