Manufacturing activity in India slowed in November, with the Purchasing Managers’ Index (PMI) falling to 56.5, down from 57.5 in October. According to the HSBC final India Manufacturing PMI, compiled by S&P Global, the November figure matched September’s level of 56.5, which had marked an eight-month low at the time. An earlier flash PMI survey by HSBC had indicated a PMI of 57.6 for November, which was revised to 57.3 on Monday morning. However, the final data came in significantly below these estimates.