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India’s economy grew in September, with strong services and manufacturing sectors, stable jobs, and inflation within target.
India’s services sector expanded in September with a PMI of 60.9, slightly down from August but still indicating strong growth driven by domestic demand and business optimism.
The manufacturing sector also grew, with a PMI of 57.7, though new orders and purchasing activity moderated.
Both sectors contributed to overall economic momentum, supported by stable employment, rising confidence, and policy stability.
Inflation rose slightly to 2.07% in August but stayed within the central bank’s target range.
The composite PMI fell to 61.0 from 63.2, signaling a slowdown in expansion pace, though growth remains robust.
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La economía de la India creció en septiembre, con fuertes sectores de servicios y manufactura, empleos estables y una inflación dentro de los objetivos.