West Asia crisis pushes down April manufacturing PMI to second-lowest in 4 years

Manufacturing enactment successful April 2026 slowed to its second-lowest level successful astir 4 years, according to a backstage assemblage survey of companies, with improvements seen compared to March, but caller bid levels inactive remaining historically low.

The HSBC India Manufacturing Purchasing Managers’ Index (PMI) roseate to 54.7 successful April 2026 from 53.9 successful March. However, this level was inactive the second-lowest successful 46 months. A speechmaking supra 50 denotes enlargement successful enactment portion 1 beneath 50 indicates a contraction.