Flash PMI December 2025: Both manufacturing and service sectors witnessed muted growth in business activity
India's manufacturing PMI fell to a nine-month low in November as new orders, export demand and hiring softened, with companies citing tariff pressures and fading GST-related gains
November Flash PMI 2025: The overall growth remained strong, with the index staying well above the neutral mark
Goods and services tax (GST) relief, productivity gains and tech investment led to a faster increase in new orders
India's manufacturing PMI climbed to 59.2 in October, signalling robust factory activity as GST relief, strong domestic demand and easing input costs spurred output and jobs
On the price side, the divergence of rising raw material prices and falling finished goods prices remains, keeping corporate profit margins under pressure
China's factory activity contracted for the seventh consecutive month in October, the government said Friday, as a newly announced truce in the trade war between the US and China offers some hope for a stronger recovery in exports. The official manufacturing purchasing managers index slipped to 49 in October from 49.8 in September, worse than forecast, the China's National Bureau of Statistics reported, based on a survey of factory managers. Measured on a scale between 0 and 100, a PMI reading below 50 indicates contraction. On Thursday, US President Donald Trump said the US will cut its fentanyl-related tariffs on China from 20 per cent to 10 per cent after his meeting in South Korea with Chinese leader Xi Jinping, bringing down US tariffs on Chinese goods from 57 per cent to 47 per cent. China has been diversifying exports from the US, with shipments to regions including Southeast Asia and Africa growing. Exports to the US, however, have dropped by double-digits for six straight
Flash PMI October 2025: New orders placed with private sector companies in India expanded in October, though the pace of growth slowed to its weakest in five months
India's manufacturing PMI fell to 57.7 in September from 59.3 in August, as US tariffs slowed orders and output, though GST rate cuts lifted business confidence and export demand
Experts credit the sustained momentum to the imposition of 50 per cent US tariffs, which came into effect on August 27, and to domestic demand powered by the festival season
India's services PMI rose to 62.9 in August, the steepest expansion since 2010, driven by strong demand, new orders, and resilient job creation amid rising costs
India manufacturing PMI hits 17 year high in August to 59.3 from 59.1 in July driven by a rapid expansion in production, shows HSBC survey as compiled by S&P Global
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
India's Composite PMI: Manufacturing PMI climbs to 16-month peak; services edge higher as strong demand and new orders boost growth
India's Manufacturing PMI for July climbs to 59.1 from 58.4 in June driven by new orders and output, shows HSBC survey as compiled by S&P Global
Flash HSBC India PMI signals expansion as manufacturing activity picks up climbing to 59.2 while India's services PMI eases to 59.8 in July
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 .
Companies step up hiring to keep up with strong demand: PMI
June 2025 Manufacturing PMI: This marks a significant turnaround in manufacturing after PMI dipped to a three-month low in May
Flash PMI rose to 61, up from a downward revised figure of 59.3 in May