Search For "hsbc pmi"
India's services growth slows to 26-month low in January, but job creation
Updated : 1 year, 1 month ago IST
Despite the slowdown, the HSBC Services PMI data suggests that India's services sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.
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2025 begins with India's private sector growth slowing and services losing
Updated : 1 year, 1 month ago IST
The latest HSBC PMI data, compiled by S&P Global, showed that a stronger expansion in the manufacturing industry in India was more than offset by a loss of growth momentum in the service economy.
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India's HSBC service index registers strongest expansion in 4 months, inde
Updated : 1 year, 2 months ago IST
India's services sector ended 2024 on a strong note, with the HSBC India Services Business Activity Index rising from 58.4 in November to 59.3 in December, according to the HSBC PMI survey.
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Indian economy makes strong end to 2024; Composite PMI for December stands
Updated : 1 year, 2 months ago IST
India's private sector witnessed robust growth in December, marking its highest performance in four months. Both the manufacturing and services sectors showed accelerated growth, supported by increased new business inflows and heightened job creation.
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India's services sector employment grew at fastest pace since 2005
Updated : 1 year, 3 months ago IST
Pranjul Bhandari, Chief India Economist at HSBC, said "During November, services sector employment notably grew at the fastest pace ever recorded since this survey began in 2005. The hiring surge reflected the sector's improving business confidence, growing new orders, and vigorous internati
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PMI slips to 56.5 but remains firmly in expansionary territory
Updated : 1 year, 3 months ago IST
India's manufacturing sector demonstrated resilience in November despite headwinds owing to price pressures and fierce competition.
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India's manufacturing surge continues in October, PMI hits 57.5 amid stron
Updated : 1 year, 4 months ago IST
October saw faster expansions in both total new orders and exports, driven by increased demand from markets across Asia, Europe, Latin America, and the U.S. Businesses reported that new products and successful marketing campaigns were significant factors in boosting sales.
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India's composite PMI growth slows in September, marking slowest growth in
Updated : 1 year, 5 months ago IST
India's combined output in the manufacturing and services sectors experienced a decline in September, with the HSBC Flash India Composite PMI Output Index falling to 59.3, down from 60.7 in August, according to the survey released on Monday.
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India's composite PMI output Index for August 2024 stands at 60.5, a littl
Updated : 1 year, 6 months ago IST
India's private sector demonstrated strong output across India for the 37th consecutive month in August, highlighted the latest HSBC Flash India PMI (Purchasing Managers' Index) report.
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India's service sector made strong start to first quarter of 2024-25: HSBC
Updated : 1 year, 10 months ago IST
India's service sector made a strong start to the first quarter of financial year 2024-25, according to HSBC PMI data compiled by S&P Global.
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