Manufacturing PMI fell to 56.2 in August 2024 — lowest since August 2019 (5-year low)
GK and monthly revision
India manufacturing PMI falls to 5-year low in August as demand weakens
India's manufacturing PMI dropped to a 5-year low of 56.2 in August 2024, signaling weakening demand with the first job contraction in over two years. Despite robust input procurement for the 62nd consecutive month, finished goods stocks rose as sales missed forecasts. This slowdown reflects broader economic headwinds and is critical for exams testing economic indicators, employment trends, and industrial health.
Source: Economic Times. This summary and analysis are AI-written from that report and are not individually fact-checked — confirm names, dates and figures with the source before you rely on them.
Revision structure
Monthly events and exam calendar context
Static GK and one-liner notes
Quiz and mock-test revision path
Key points
Exam-ready takeaways
First contraction in manufacturing employment since July 2022 (over 2 years)
Input procurement expanded for 62nd straight month, indicating supply-side resilience
Finished goods inventories rose as actual sales fell below expectations
Survey conducted by S&P Global among 400+ manufacturing firms across India
How to study
Turn news into exam marks
Revise monthly events by exam family instead of reading random updates.
Pair one-liners with mock tests so mistakes become the next revision list.
Note which exams each story matters for, and revise it again in the week before that exam.