💨 Abstract

The latest HSBC PMI data indicates a slowdown in growth for Indian private sector companies at the start of 2025. The manufacturing sector expanded, but this was offset by a loss of momentum in the service economy. The composite output index, which measures the combined output of manufacturing and service sectors, showed the weakest rate of expansion in 14 months. Sales growth eased, particularly in the service sector, while cost pressures intensified.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖