2024年4月,汇丰银行印度制造业PMI从初步估计和3月的最终59.1下调至58.8,而预测为59.5。尽管如此,受需求增长的支撑,最新数据是三年多来第二快的。公司的新业务量急剧上升,扩张速度是2021年以来第二快的。因此,公司扩大了生产规模,而投入品库存则升至19年来的最高水平之一。为了满足不断增长的需求,制造商在第一财季初雇佣了更多的员工。就业创造虽然温和,但却是自2023年9月以来最快的。与此同时,成本压力上升,尽管仍低于长期平均水平,但将产出费用通胀推至3个月高点。最后,印度制造商预计未来一年的产量会增加,4月份商业信心会上升,这得益于对持续需求的预期。
The HSBC India Manufacturing PMI was revised lower to 58.8 in April 2024 from preliminary estimates and March’s final 59.1 and compared to forecasts of 59.5. Still, the latest reading was the second-fastest in over three years, supported by rising demand. Firms experienced a sharp upturn in new business intakes, with the pace of expansion being the second strongest since 2021. Accordingly, companies scaled up their production, while input stocks were lifted to one of the steepest in over 19 years. To meet rising demand, manufacturers hired more staff at the beginning of the first fiscal quarter. Job creation, though moderate, was the fastest since September 2023. Meanwhile, cost pressures ticked higher, though remained below its long-run average, it pushed output charge inflation to a 3-month high. Lastly, Indian manufacturers anticipate increased output in the coming year, with business confidence rising in April, fueled by expectations of sustained demand.