India's private sector continues to contract in October

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Source: RTT News
© Scanpix/RS

Private sector in India recorded a modest increase in October with the gauge measuring the activity staying below a level of 50 for the fourth successive month signalling contraction in the sector, a survey published by Markit Economics revealed on Tuesday. India's HSBC composite output index advanced from 46.1 in September to 47.5 in the following month.

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Tue, 05 Nov 2013 11:24:04 GMT

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