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Tag: HSBC India Services PMI

India’s services sector growth hits 6-month high in May on new orders, softer rise in cost burdens

Posted on June 3, 2026 By admin
India’s services sector growth hits 6-month high in May on new orders, softer rise in cost burdens

Image used for representational purpose only. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth touched a six-month high of 59.8 in May, boosted by healthy demand conditions, new client wins, and ongoing improvements in new business intakes, a monthly survey said on Wednesday (June 3, 2026). The seasonally adjusted Hong Kong and Shanghai…

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India’s services sector growth falls to 5-month low in October on competitive pressures, heavy rains: PMI

Posted on November 6, 2025 By admin
India’s services sector growth falls to 5-month low in October on competitive pressures, heavy rains: PMI

The international demand for Indian services improved further, as signalled by another increase in external sales. File | Photo Credit: Getty Images/iStockphoto India’s services sector growth witnessed the slowest pace of expansion in five months in October, as competitive pressures and heavy rains in parts of the country led to a slower increase in output, according…

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Private sector activity grew at 10-month low pace in September

Posted on October 4, 2024 By admin
Private sector activity grew at 10-month low pace in September

Photo used for representation purpose only | Photo Credit: Getty Images/iStock Growth in India’s private sector activity slowed to a ten-month low this September, as per the HSBC India Composite Output Index, which slipped from 60.7 in August to 58.3 last month, as factories and services players clocked a reduction in momentum. The Composite Output…

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