{
  "id": 4918873,
  "title": "India manufacturing PMI falls to 5-year low in August as demand weakens",
  "url": "https://urgent.news/2026/09/01/india-manufacturing-pmi-falls-to-5-year-low-in-august-as-demand",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-01T18:58:52.000Z",
  "source": {
    "name": "The Economic Times - Economy",
    "slug": "the-economic-times-economy",
    "url": "https://economictimes.indiatimes.com/news/economy/indicators/india-manufacturing-pmi-falls-to-5-year-low-in-august-as-demand-weakens/articleshow/133690512.cms"
  },
  "original_language": "en",
  "account": null,
  "summary": "India's manufacturing PMI fell to a five-year low of 52.8 in August, indicating a slowdown in the country's manufacturing sector due to weakening demand. The HSBC Purchasing Managers Index, compiled by S&P Global, showed a decline from 53.5 in July and 59.3 a year earlier. While production volumes continued to rise, the pace of growth eased, with the output index hitting its lowest level since August 2021. Despite the weaker performance, business expectations improved, with 16% of survey respondents expecting output to rise in the next 12 months, while the rest anticipated little change. However, confidence remained subdued compared to historical standards. Employment also contracted slightly in August, marking the first decline after over two years of growth.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}