Expansion in India's manufacturing sector hit its slowest in 15 months in August as demand and output grew at their weakest pace in a year and cost pressures increased, a private sector survey showed on Monday.
The Nikkei Manufacturing Purchasing Managers' Index , compiled by IHS Markit, declined to 51.4 in August from July's 52.
5, its weakest since May 2018. However, it has remained above the 50-mark separating growth from contraction for more than two years.
The survey comes after official figures showed India's.