HSBC

HSBC India Services PMI fell to 57.4 in June from 59.8 in May, marking the weakest expansion in 17 months amid challenging market conditions. New export orders grew at the fastest pace in three months

HSBC India Manufacturing PMI fell to 54.2 in June from 55.0 in May, indicating the second-weakest sector improvement since mid-2022. New orders and output growth rates were the weakest in four years,

HSBC Flash India Composite PMI fell to 57.4 in June from 59.3 in May, indicating the weakest expansion since March. New orders growth slowed to a three-month low while employment expansion reached its

HSBC India Services PMI rose to 59.8 in May from 58.8 in April, signaling the strongest expansion since November 2025. New business growth accelerated to a six-month high, driven by freight, digital,