India's services sector growth rose to a three-month high in September as new orders and international demand improved, while input-cost pressures eased to a 10-month low
Stronger domestic and overseas demand lifted new orders and output, while employment expanded at its fastest pace since May and manufacturers turned more optimistic
The HSBC India Manufacturing PMI rose from 52.8 in August as new orders grew at their fastest pace since February, while exports and output also accelerated
India's private sector activity rose to a three-month high in September as manufacturing and services output improved, while new orders and hiring also gained momentum
The sector expanded faster in August, with employment growth strengthening, though new business remained subdued and the headline PMI stayed below its long-run average
Business activity strengthened in August as new orders rose faster and services hiring reached a 15-month high, while input cost inflation remained moderate and charge inflation quickened
New orders and output expanded at their weakest pace in five years, while manufacturing employment contracted for the first time in two-and-a-half years
India's manufacturing sector expanded at its weakest pace in five years in August as output and new orders slowed, while employment fell for the first time in two-and-a-half years
China's manufacturing PMI rose to 49.8 in August from 49.2 in July, beating forecasts but remaining below 50 as weak domestic demand weighs on the economy
The HSBC flash composite PMI rose to 54.6 from 54.3 in July, with stronger services offsetting manufacturing growth that slowed to its weakest pace in five years
Softer demand, fierce competition and postponed orders slowed services activity, though export orders, employment and profit margins showed some improvement during the month
India's services sector expanded in July, but activity and new business grew at their weakest pace since early 2022, even as exports and hiring remained resilient
HSBC's India Manufacturing PMI fell to 53.5 in July, its lowest level since August 2021, as sales, input purchases and job creation slowed despite resilient export demand
The HSBC India Manufacturing PMI fell from 54.2 in June to 53.5 in July, as slower growth in new orders, purchasing and employment offset stronger export demand
Output, new orders, exports and hiring lose momentum as softer demand and intense competition weigh on factory activity, though the sector remains in expansion territory
