June Services Pmi
June Services PMI touches 10-month high at 60.4 on sharp upturn in new biz
The Indian services sector growth touched a ten-month high in June aided by robust expansion in international sales and job creation, amid positive demand trends and ongoing improvement in sales, a monthly survey said on Thursday. The seasonally adjusted HSBC India Services PMI Business Activity Index rose from 58.8 in May to 60.4 in June, driven by sharp upturn in new business orders. In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction. "The Services PMI business activity index was up to a ten-month high, led by a sharp rise in new domestic orders. New export orders also expanded, albeit at a softer pace. Margins improved, as the rise in input costs was below that seen for output charges," Pranjul Bhandari, Chief India Economist at HSBC, said. New orders expanded at the quickest rate since August 2024. Services companies benefited most from the continued strength of the domestic market, alongside a marked .
 "June Services PMI touches 10-month high at 60.4 on sharp upturn in new biz")
June services PMI rises on back of new orders, international sales
'Staffing levels' increase at fastest pace since August 2022, according to survey
 "June services PMI rises on back of new orders, international sales")
Services PMI at over 13-year high in July, helped by strong demand
Demand conditions show significant improvement leading to robust growth in India's dominant services sector
 "Services PMI at over 13-year high in July, helped by strong demand")
Services PMI growth declines to three-month low of 58.5 as inflation weighs
The headline figure has been expanding for 23 months on the trot since August 2021
India's services PMI falls to 58.5 in June, lowest in three months
Combined with manufacturing, output prices across the private sector increased at the sharpest pace in over a decade
 "India's services PMI falls to 58.5 in June, lowest in three months")
June services activity shrinks for fourth month in a row; PMI at 33.7
Services sector remains in deep downturn as job losses continue
 "June services activity shrinks for fourth month in a row; PMI at 33.7")
India's June services PMI grows to 8-month high on new orders
Meanwhile, manufacturing sector growth eased to a four- month low in June.
 "India's June services PMI grows to 8-month high on new orders")
