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Data● Neutral for Indian equities
China factory activity expands for first time in three months in September
The brief
- China’s factory activity expanded in September for the first time in three months
- Policymakers are ramping up stimulus to bolster growth
- A stronger Chinese industrial outlook may affect Indian exporters and commodity-linked companies
- China services growth hits three-month high, private PMI shows
- Japan’s output slumps for second month due to quake, US-Iran war impacts
- Trial services index shows 10 of 19 sub-sectors post double-digit growth in July
- India's IIP growth may remain in single digits despite festive demand as weak monsoon, global risks weigh: Report
- India industrial output beats expectations again; Nomura cautions on H2 FY27 growth
China stimulus and factory activity
China announced a rate cut and mortgage subsidies to spur growth. Factory activity expanded in September for the first time in three months as policymakers ramped up stimulus.
Wednesday, 30 September
- China factory activity expands for first time in three months in September