India’s services sector, long the linchpin of its economic dynamism, is showing signs of moderation.
India's Manufacturing Purchasing Managers’ Index (PMI) rose to 58.1 in March 2025, up from 56.3 in February, and its highest mark in 8 months.
The HSBC flash Purchasing Managers' Index (PMI) survey released on Monday said the private sector output in India increased at a slower pace in March as compared to the previous month.
India’s services sector witnessed a strong rebound in February with the Purchasing Managers' Index (PMI) rising to 59.0, a significant improvement from January’s 26-month low of 56.5.
India's Manufacturing Purchasing Managers’ Index (PMI) in February marked the slowest expansion since December 2023, falling to 56.3, data compiled by S&P Global and released by HSBC said on Monday.
A business survey showed on Wednesday that India's dominant services sector growth was slowest in over two years in January amid cooling demand. However, it remained historically strong and led to a substantial rate of hiring.
Manufacturing sector in India kicked off 2025 on a strong note, with the Purchasing Managers’ Index (PMI) climbing to 57.7 in January as compared to 56.4 in December.
The final India Services Purchasing Managers' Index (PMI) for December 2024 rose to 59.3 points, an increase from 58.4 points recorded in November.
The Manufacturing Purchasing Managers’ Index (PMI) fell to 56.4, down from 56.5 in November showcasing manufacturing activity’s weakest growth of 2024 in December.
India's dominant services sector growth remained robust but slackened to a 10-month low in September as demand slowed, an HSBC survey said on Friday.
