HSBC Flash Composite Output Index reached a three-month high in February 2024.

GK and monthly revision
Factory activity at three-mth high in February
India's private sector activity accelerated in February 2024, as indicated by the HSBC Flash Composite Output Index reaching a three-month high. This growth was driven by a sharper expansion in manufacturing output, supported by new orders and overseas demand. The index highlights improved business optimism and a three-month high in employment growth, signaling a positive economic outlook. This data is crucial for understanding India's economic performance and indicators relevant to competitive exams.
Revision structure
Key points
Exam-ready takeaways
Manufacturing output saw a sharper expansion in February 2024.
New orders and overseas demand supported the upturn in February 2024.
Employment growth touched a three-month high in February 2024.
Businesses showed increased optimism about future activity in February 2024.
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