India PMI eases in June but growth remains strong
pre-market1 source ↓written by the desknot a recommendation
- falling
- 57.4
- 59.3
- dropped
- 54.5
- slipped
- 57.3
India's private-sector growth slowed in June, with the HSBC Flash India Composite PMI falling to 57.4 from 59.3 in May. The Manufacturing PMI dropped to 54.5, while the Services Business Activity Index slipped to 57.3, marking the weakest expansion in 17 months. Despite this, demand remains resilient, indicating continued growth potential.
Not investment advice. For informational purposes only.