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
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
India's manufacturing activity slowed to its weakest pace in nearly five years, even as factories continued to expand. What's behind the slowdown, and what does it mean for the economy?
India's pvt sector activity remained firmly in expansion territory in May, though growth in new orders, exports, employment and business activity softened marginally, HSBC's flash PMI survey showed
The latest reading pointed to continued expansion across both manufacturing and services, though at a slower pace due to weaker growth in new orders, exports, employment and overall business activity
India's policy calendar for April 20-26 is packed with key events including US trade talks, flash PMI data and infrastructure output, offering cues on growth, demand and policy direction
Growth momentum eased for a second month as output and sales slowed, while rising input costs and the West Asia crisis weighed on demand and business activity
Operating conditions across India's service economy remained favourable in September, with healthy demand trends underpinning further growth of total new orders, exports, employment, business activity
Services PMI: Exports increased in September, but at their slowest pace since March, with firms saying that competitive conditions and cost-control measures were limiting growth
Services led the growth, with activity hitting a record 65.6, while manufacturing preliminary PMI climbed to 59.8 in August, its strongest level since January 2008
Indian service providers end Q1 on a strong note, with output and new orders rising at the fastest pace since August 2024, supported by robust international sales & job creation, according to PMI data
