The manufacturing sector actually gained slight momentum, with factory output rising at the fastest pace since December, with Germany seeing a strong increase and France holding steady. The region’s Flash PMI (Purchasing Managers’ Index) for September slipped to 52.6, down from 52.9 in August, hitting a 20-month low, according to IHS Markit. The manufacturing sector actually gained slight momentum, with factory output rising at the fastest pace since December, with Germany seeing a strong increase and France holding steady. Slowing services sector indicates a weaker home economy, as this sector is more domestic-focused than manufacturing, said IHS Markit. Price cut may hit India’s natural gas producersIndia’s natural gas producers may be looking at a sharp cut in gas prices in the second half of the fiscal year, by as much as 18%, according to a survey done by Bloomberg News.

Source: Mint September 27, 2016 19:18 UTC