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Economy

India's factory activity deteriorates to 49.1 in December

TOKYO -- The Nikkei India Manufacturing Purchasing Managers' Index, or PMI, deteriorated to 49.1 in December from November's 50.3. The reading fell below the no-change level of 50.0 for the first time since October 2013.

     A reading above 50 indicates economic expansion, while a reading below 50 points toward contraction.

(Nikkei)

See more information online:

http://www.markiteconomics.com/Survey/Page.mvc/PressReleases

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