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India’s input cost inflation hits multi-year low as confidence slips
Lower input costs provided relief, but business confidence weakened as global uncertainty continued to weigh on sentiment.
India’s input cost inflation eased to its lowest level in more than 5 years, offering relief to manufacturers. However, business confidence declined to levels last seen in mid 2022, reflecting cautious sentiment amid global uncertainty. New orders remained modest, while export demand stayed broadly stable, according to recent economic indicators.
