💨 Abstract

India's business activity growth slowed to a nine-month low in September, driven by a slight cooling in demand and an increase in costs. The services sector saw the fastest job growth in two years, while the manufacturing sector also showed growth. Despite this, the pace of growth remained above the long-term average. Input costs rose at a slightly quicker pace, but firms were cautious about passing these on to customers, leading to muted prices charged.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖