{"id":39312,"date":"2016-12-02T15:02:59","date_gmt":"2016-12-02T15:02:59","guid":{"rendered":"http:\/\/greattelangaana.com\/english\/?p=39312"},"modified":"2016-12-02T15:02:59","modified_gmt":"2016-12-02T15:02:59","slug":"manufacturing-sector-slows-down","status":"publish","type":"post","link":"https:\/\/greattelangaana.com\/english\/manufacturing-sector-slows-down\/","title":{"rendered":"Manufacturing sector slows down"},"content":{"rendered":"<p style=\"text-align: justify;\">The manufacturing growth slowed sharply in November after demonetisation but stills remains in the positive territory, according to a monthly survey.<\/p>\n<p style=\"text-align: justify;\">Meanwhile, Maruti Suzuki India, Volkswagen, Toyota and Renault posted double digit sales growth in November despite fears that demonetisation will hit consumer sentiments.<\/p>\n<p style=\"text-align: justify;\">The wholesale auto figures which are first to be announced every month give an indication about the pulse of the economy.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-39313\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/dc-Cover-62f3a45n3a372i7du76sjjsji3-20160515104938.Medi_.jpeg\" alt=\"Manufacturing sector slows down \" width=\"693\" height=\"388\" srcset=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/dc-Cover-62f3a45n3a372i7du76sjjsji3-20160515104938.Medi_.jpeg 800w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/dc-Cover-62f3a45n3a372i7du76sjjsji3-20160515104938.Medi_-500x280.jpeg 500w, https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/dc-Cover-62f3a45n3a372i7du76sjjsji3-20160515104938.Medi_-768x430.jpeg 768w\" sizes=\"auto, (max-width: 693px) 100vw, 693px\" \/><\/p>\n<p style=\"text-align: justify;\">Some analysts said that a part of the reason for double digit growth in auto sales may also be due to past waiting period of some popular car models and one will have to wait for one more month to see if the growth slows down. Mahindra, Ford and Honda saw sales drop in November.<\/p>\n<p style=\"text-align: justify;\">The Nikkei Markit India Manufacturing Purchasing Managers\u2019 Index (PMI) \u2014 a gauge of manufacturing performance \u2014 fell to 52.3, down from a 22-month high of 54.4 in October.<\/p>\n<p style=\"text-align: justify;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-39314\" src=\"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/1B946B6800000578-3185057-image-a-1_1438757724830.jpg\" alt=\"Manufacturing sector slows down \" width=\"665\" height=\"405\" \/><\/p>\n<p style=\"text-align: justify;\">Any figure above 50 indicates expansion, while a score below this level means contraction in factory output. \u201cPMI data for November showed that the sudden withdrawal of high-value banknotes in India caused problems for manufacturers, as cash shortages hampered growth of new work, buying activity and production,\u201d said Pollyanna De Lima, economist at IHS Markit and author of the report.<\/p>\n<p style=\"text-align: justify;\">November data still marked the 11th consecutive monthly improvement in manufacturing conditions across India.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The manufacturing growth slowed sharply in November after demonetisation but stills remains in the positive territory, according to a monthly survey. Meanwhile, Maruti Suzuki India, Volkswagen, Toyota and Renault posted double digit sales growth in November despite fears that demonetisation will hit consumer sentiments. The wholesale auto figures which are first to be announced every [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":39315,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[14256,2341,18296,18294,18286,18288,18287,18295,18292,18293,18291,18290,18289],"class_list":["post-39312","post","type-post","status-publish","format-standard","has-post-thumbnail","category-top-stories","tag-demonetisation","tag-economy","tag-honda","tag-ihs-markit","tag-manufacturing","tag-maruti-suzuki-india","tag-meanwhile","tag-nikkei-markit-india","tag-pmi","tag-pollyanna-de-lima","tag-purchasing-managers","tag-toyota","tag-volkswagen"],"jetpack_featured_media_url":"https:\/\/greattelangaana.com\/english\/wp-content\/uploads\/2016\/12\/Manufacturing-sector.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/39312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/comments?post=39312"}],"version-history":[{"count":0,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/posts\/39312\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media\/39315"}],"wp:attachment":[{"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/media?parent=39312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/categories?post=39312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/greattelangaana.com\/english\/wp-json\/wp\/v2\/tags?post=39312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}