India Business Activity Rebounds in September to 3-Month High, PMI Shows
- India’s private-sector activity rose to 56.5 in September from 54.3 in August, its strongest expansion since June.
- The Manufacturing PMI increased to 55.7 from 52.8, while services activity also accelerated.
- New business and employment expanded, supported by stronger domestic demand.
- Export-Order growth slowed to its weakest pace in nearly three years, while private-sector input-cost inflation eased to its lowest level since January.
11 Articles
11 Articles
India’s Private Sector Activity Accelerates in September; Composite PMI Rises to 56.5
Get latest articles and stories on Business at LatestLY. India’s private sector activity accelerated in September, with the HSBC Flash India Composite PMI Output Index rising to 56.5 from 54.3 in August, marking the strongest expansion since June. Business News | India’s Private Sector Activity Accelerates in September; Composite PMI Rises to 56.5.
India business activity rebounds in September to 3-month high, PMI shows
India experienced accelerated business growth in September due to increased demand in manufacturing and services sectors. The HSBC flash India Composite Purchasing Managers' Index rose significantly from August, indicating expansion. However, export growth slowed, impacting overall economic performance negatively. Hiring in the services sector also declined, limiting job growth prospects. Input-cost inflation eased, providing some relief to busi…
India business activity rises to four-month high in September as manufacturing picks up
HSBC Flash Composite PMI rose to 56.5 from 54.3 in August; manufacturing activity improved to a seven-month high while export order growth weakened to its slowest pace in nearly three years
India's Composite PMI Rises to 56.5 in September on Stronger Demand - Cargo Insights
India’s business activity accelerated in September with the HSBC flash composite PMI rising to 56.5, its highest since June, driven by stronger growth in both manufacturing and services. India’s business growth accelerated in September on stronger demand in both manufacturing and services, according to HSBC’s flash India Composite Purchasing Managers’ Index, which rose to 56.5 [...]
India Flash PMI Rises to 56.5 in September as Manufacturing Growth Picks Up
India’s private sector activity strengthened in September, with the HSBC Flash Composite PMI rising to 56.5 from 54.3 in August. The improvement was led by a stronger manufacturing sector, while services activity also picked up. The reading remained above 50, indicating continued expansion in business activity. The HSBC Flash India...
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