India’s August private sector growth recovers slightly from over four-year low, PMI shows

India composite PMI rises to 54.6 in August from July's 52-month low: HSBC

India's Composite PMI rose to 54.6 in August, indicating modest expansion in private sector activity after July's 52-month low.

India’s August private sector growth recovers slightly from over four-year low, PMI shows

BENGALURU, Aug 21 (Reuters) - India's private sector activity edged slightly higher in August from an over four-year low as a rebound in services growth offset ​the weakest expansion in the factory industry in ‌half a decade, a survey showed. • HSBC's ...

India's August private sector growth recovers slightly from over four-year low, PMI shows

August marked a subtle rise in India's private sector activity, propelled by a rebound in services growth that countered the slowest factory expansion in five years. New orders showed a quicker pace but continued to be underwhelming against historical averages. The services sector's vigorous hiring led to a boost in employment, while business confidence for the future grew, albeit slightly.