India's Manufacturing PMI Eases to 54.7 in October

• The seasonally adjusted HSBC India Manufacturing PMI fell to 54.7 in October from 55.1 in September.
• Despite the slowdown, new export orders increased, reflecting stronger overseas demand.
• Factory employment rose for the second consecutive month, although job creation eased slightly.
• Input cost inflation fell to its lowest levels since February.
• The PMI remained above its long-run average and comfortably above the neutral mark of 50.0.