PMI Data
Manufacturing PMI slips to five-year low: Is more pain in store?
Declining PMI momentum, coupled with margin risks and potential capex cuts, suggests the economy faces a trickier second half despite strong Q1 growth.
1 min read01:07 PM ISTPMI manufacturing slips to near five-year low in August
India’s manufacturing activity expanded at its slowest pace in nearly five years as cooling demand and output cuts triggered a mild dip in factory jobs, even as cost pressures eased.
3 min read11:55 AM ISTIndia’s services sector growth in July slowest in 53 months as demand softens. But new export orders rise.
India's service economy remained firmly inside expansion territory, but showed a loss of momentum last month.
3 min read5 Aug 2026India's private sector output moderates further in June
June saw slower growth in new orders, international sales, employment and business activity.
3 min read23 Jun 2026India's services sector growth could stall as downside risks build
Strong domestic demand lifted services activity in May, but elevated costs, softer confidence and geopolitical risks could test the sector's momentum in the months ahead.
1 min read3 Jun 2026India’s services sector maintains growth momentum in May as output expands: HSBC India Services PMI
The HSBC India Services Purchasing Managers’ Index, compiled by S&P Global, rose to 59.8 in May from 58.8 in April. It has continued to grow since April, after registering its weakest growth in 14 months in March.
3 min read3 Jun 2026India’s manufacturing PMI climbs to 55.0 in May as output hits three-month high
Driven by domestic demand resilience, Indian factory activity outperformed estimates in May as new orders and production grew at their fastest pace since February despite persistent cost pressures.
3 min read1 Jun 2026India factory growth likely slowed in May as manufacturing loses momentum amid Iran war, services stay resilient
Early PMI data shows manufacturing easing to a multi-month low while services continue to support overall private-sector expansion.
2 min read21 May 2026India’s services sector recovers lost ground, domestic market fuels growth in April: HSBC India Services PMI
India's services sector showed recovery in April, with the HSBC PMI rising to 58.8. Increased output and new business orders were noted, alongside a shift to domestic suppliers. The composite PMI also rose to 58.2, indicating growth momentum across sectors.
3 min read6 May 2026PMI data: India’s services sector grows at slowest pace in 14 months as West Asia conflict hits demand
India’s services sector grew at the softest pace in 14 months during March, mirroring the slowdown in growth of new business intakes, as West Asia conflict hit domestic demand, a private survey showed on Monday.
3 min read6 Apr 2026Wait for it…
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