Official: S&P Global Market Intelligence: HSBC India Services PMI
Driven by strong domestic demand, HSBC's India Services PMI rose to 55.8 in October as cost pressures eased to a six-year low, even as export orders and hiring slowed.
Chronology
India's services PMI hits four-month high in October as demand picks up
India's services PMI rose to 55.8 in October from 55.2 in September, driven by stronger new business growth and easing input cost inflation, while employment growth slowed.
Reduced historical snapshot. The full archived contents could not be verified.
India's services growth accelerates to 55.8 in October, cost pressures ease to six-year low
India's services PMI rose to 55.8 in October from 55.2 in September, driven by stronger new business growth and easing input cost inflation, while employment growth slowed.
Reduced historical snapshot. The full archived contents could not be verified.
Services sector growth hits a four-month peak in October, PMI survey shows
Driven by strong domestic demand, HSBC's India Services PMI rose to 55.8 in October as cost pressures eased to a six-year low, even as export orders and hiring slowed.
Reduced historical snapshot. The full archived contents could not be verified.
Reporting
- Services sector growth hits a four-month peak in October, PMI survey shows
Driven by strong domestic demand, HSBC's India Services PMI rose to 55.8 in October as cost pressures eased to a six-year low, even as export orders and hiring slowed.
- India factory growth slows in October, export orders jump, PMI shows
India's manufacturing growth slowed in October, with the HSBC Manufacturing PMI falling to 54.7 from 55.1 in September, as domestic demand and hiring weakened. However, export orders rose at their fastest pace in six months, providing some support to factory activity.
- India’s services PMI rises to four-month high of 55.8 in October, but hiring slows
India’s service providers reported stronger domestic demand and lower cost pressures, while subdued export orders and slower recruitment tempered business optimism.
- HSBC India Services PMI
First-party purchasing managers' index release from S&P Global.
- India's services PMI hits four-month high in October as demand picks up
India's services PMI rose to 55.8 in October from 55.2 in September, driven by stronger new business growth and easing input cost inflation, while employment growth slowed.
Earlier on MacroDigest
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