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Services Pmi

Services PMI rises to 59.8 in May as demand, output growth pick up

The Services PMI rose to 59.8 in May from 58.8 in April, signalling the fastest expansion since November as firms reported stronger demand and softer price pressure

Services PMI rises to 59.8 in May as demand, output growth pick up
Updated On : 03 Jun 2026 | 7:23 PM IST

Weekly economy wrap: PMIs rebound, Cabinet push sharpens growth focus

Strong services activity, a manufacturing recovery and Cabinet approvals across rail, cotton, semiconductors and shipping shaped a week of growth signals and policy moves

Weekly economy wrap: PMIs rebound, Cabinet push sharpens growth focus
Updated On : 10 May 2026 | 12:53 PM IST

Services PMI recovers to 58.8 in April despite slowing export growth

Output and new order intakes recovered in April, with inflows of new work increasing to the greatest extent in five months

Services PMI recovers to 58.8 in April despite slowing export growth
Updated On : 06 May 2026 | 12:16 PM IST

China services activity grows at faster rate in April, shows private PMI

The RatingDog China General Services purchasing managers' index, compiled by S&P Global, rose to 52.6 in April from 52.1 in March, staying above the 50-mark that separates expansion from contraction

China services activity grows at faster rate in April, shows private PMI
Updated On : 06 May 2026 | 9:52 AM IST

April flash composite PMI at 58.3 as demand pushes manufacturing growth

The flash manufacturing PMI stood at 55.9 compared to 53.9 in March, while the services PMI came in at 57.9 versus 57.5 earlier

April flash composite PMI at 58.3 as demand pushes manufacturing growth
Updated On : 23 Apr 2026 | 12:53 PM IST

Services PMI falls to 14-month low in March amid West Asia conflict

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

Services PMI falls to 14-month low in March amid West Asia conflict
Updated On : 06 Apr 2026 | 10:25 PM IST

Services PMI hits 14-month low to 57.5 in March as cost pressures intensify

The Services PMI fell to 57.5 in March from 58.1 in February, marking the weakest expansion in 14 months, though it remained above the long-run average of 54.4

Services PMI hits 14-month low to 57.5 in March as cost pressures intensify
Updated On : 06 Apr 2026 | 10:50 AM IST

February PMI services comes in at 58.1; new order growth at 13-month low

While greater client enquiries and marketing efforts supported sales at some units, a few companies suggested that an increasingly competitive environment dampened growth

February PMI services comes in at 58.1; new order growth at 13-month low
Updated On : 04 Mar 2026 | 11:13 PM IST

Services PMI rises to 58.5 in Jan 2026 as demand and hiring pick up

January services PMI: New orders increased faster in January after slowing at the end of 2025

Services PMI rises to 58.5 in Jan 2026 as demand and hiring pick up
Updated On : 04 Feb 2026 | 10:34 AM IST

India's service sector growth plunges to 11-month low in December

The HSBC India Services Purchasing Managers' index (PMI), compiled by S&P Global, fell to 58 in December from 59.8 in November

India's service sector growth plunges to 11-month low in December
Updated On : 06 Jan 2026 | 10:54 PM IST

India's services PMI rises to 59.8 in Nov on 'historically sharp' expansion

November services PMI: Companies added more jobs in November, but the increase was mild and at a similar pace as compared to the last two months

India's services PMI rises to 59.8 in Nov on 'historically sharp' expansion
Updated On : 03 Dec 2025 | 10:35 AM IST

India's flash PMI falls to six-month low at 59.9 in Nov from 60.4 in Oct

November Flash PMI 2025: The overall growth remained strong, with the index staying well above the neutral mark

India's flash PMI falls to six-month low at 59.9 in Nov from 60.4 in Oct
Updated On : 21 Nov 2025 | 10:35 AM IST

India's services PMI eases to 58.9 in October as cost pressures cool

India's services PMI eased to 58.9 in October, marking the slowest expansion since May as competition and heavy rains weighed on growth, while cost pressures receded

India's services PMI eases to 58.9 in October as cost pressures cool
Updated On : 06 Nov 2025 | 11:00 AM IST

India's flash PMI falls to 59.9 in October from 61.0 in September

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 flash PMI falls to 59.9 in October from 61.0 in September
Updated On : 24 Oct 2025 | 10:37 AM IST

Softening in demand slows services sector in September, PMI falls to 60.9

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

Softening in demand slows services sector in September, PMI falls to 60.9
Updated On : 06 Oct 2025 | 2:30 PM IST

China's services growth hits 14-month high in July on export demand: PMI

S&P Global China General Services PMI rose to 52.6 in July from 50.6 the previous month, marking the fastest pace since May last year

China's services growth hits 14-month high in July on export demand: PMI
Updated On : 05 Aug 2025 | 9:34 AM IST

Manufacturing gains push India's flash PMI to 60.7 in July, services dip

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

Manufacturing gains push India's flash PMI to 60.7 in July, services dip
Updated On : 24 Jul 2025 | 11:17 AM IST

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
Updated On : 03 Jul 2025 | 11:29 AM IST

Services sector growth steady in May as export demand remains strong: PMI

Services activity remained robust in May with PMI at 58.8 as exports surged and employment rose at the fastest pace on record despite mounting cost pressures

Services sector growth steady in May as export demand remains strong: PMI
Updated On : 04 Jun 2025 | 11:22 PM IST

Services sector growth improves in April, helped by new orders: PMI

Companies report 'faster expansion' in employment to meet increased demand

Services sector growth improves in April, helped by new orders: PMI
Updated On : 06 May 2025 | 4:27 PM IST