PMI Data News

Economy

India’s services sector growth rebounds in November

The HSBC India Services Purchasing Managers’ Index (PMI), compiled by S&P Global, rises to 59.8 in November from 58.9 in October.

3 min read3 Dec 2025
Markets

PMI: Indian manufacturers' business confidence shrinks as US tariffs start to pinch

The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index slid to 56.6 in November from 59.2 in October, marking the slowest improvement in operating conditions since February.

2 min read1 Dec 2025
Economy

Mint Explainer | Is India’s manufacturing engine slowing? There are signals of strength and signs of cooling

The answer may depend on the export outlook amid sluggish global demand, the pace of infrastructure and construction during the post-monsoon quarter, and whether the surge in new orders captured in the PMI survey translates into hard production data.

3 min read21 Nov 2025
Economy

India’s services growth slows to five-month low in October as export demand softens

HSBC India Services PMI eased to 58.9 in October, but manufacturing regained momentum on GST relief and stronger productivity.

2 min read6 Nov 2025
Opinion

Mint Quick Edit | India’s factory surge shows that GST rate cuts may be paying off

India’s latest manufacturing data shows the sector gaining momentum, a sign that GST cuts have stoked demand and production. Amid global trade headwinds, can this upswing withstand external shocks?

1 min read4 Nov 2025
Economy

India’s private sector activity cools to five-month low in October as services slow: HSBC Flash PMI

The HSBC Flash India Composite PMI Output Index, compiled by S&P, decreased to 59.9 in October from 61 in September, indicating a slight moderation in overall private sector growth.

2 min read24 Oct 2025
Economy

Mint Explainer | From India’s dip to China’s rise: What September PMI data says about Asia’s factories

Asia’s manufacturing recovery shows mixed signals in September, with India’s PMI easing slightly while China and South Korea regained momentum. Mint breaks down the numbers and what they mean for the region’s factories.

4 min read17 Oct 2025
Economy

India’s services growth cools in September after 15-year high as global demand softens

Despite the dip, September was the fourth straight month with the index above 60, signalling strong business expansion and resilient demand.

2 min read6 Oct 2025
Markets

Manufacturing PMI dips in September, while exports rise. Are both blips?

The drop in the headline index may be a one-off as manufacturers are confident that GST cuts will boost domestic demand. And while demand from other countries may be offsetting a drop in demand from the US, it's too early to celebrate the increase in exports.

2 min read1 Oct 2025
Opinion

Mint Quick Edit | India’s services sector seems to be on a roll

A well-tracked gauge of this sector’s activity suggests strong momentum last month, with export orders rising sharply. Price levels may need to be watched for a well-rounded view.

1 min read4 Sep 2025

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