06-March-2026
Economy News
 
India's services growth moderated in February as cost pressures mount, PMI shows
05-Mar-2026

India's services sector growth slowed in February as new business rose at its slowest pace in over a year and firms faced the steepest cost pressures in two-and-a-half years, a survey showed. The HSBC India Services Purchasing Managers' Index, compiled by S&P Global, fell to 58.1 in February from January's 58.4, and undershot a preliminary estimate of 58.4. The 50-mark separates growth from contraction.

News Source:- https://economictimes.indiatimes.com/news/economy/indicators/indias-services-growth-moderated-in-february-as-cost-pressures-mount-pmi-shows/articleshow/129007224.cms
 
 
 

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