India October 2025 Manufacturing PMI Preliminary Reading: Positive for the Rupee

On September 23, 2025, Markit released the preliminary reading of India’s Manufacturing PMI for October. The reported value was 58.5; no consensus forecast was provided. The previous reading was also 58.5.Definition: The Purchasing Managers' Index (PMI) is a comprehensive set of economic indicators that tracks business conditions. Regarding market impact, a reading above expectations is considered positive for the Indian rupee.This indicator has an importance level of 2. It is calculated by surveying purchasing managers across manufacturing, construction, and service companies to gauge their confidence. The data is published monthly, with the next release scheduled for November 21, 2025.

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