03-June-2026
Economy News
 
May services PMI hits 6-month high- external demand rebounds, input cost inflation eases
03-Jun-2026

India’s services sector expanded at its fastest pace in six months in May. The HSBC India Services PMI rising to 59.8 from 58.8 in April amid stronger demand and higher new business inflows. The HSBC India Composite PMI Output Index, which tracks both manufacturing and services activity, also rose to 59.3 in May from 58.2 in April, signalling broad-based strength in private sector activity.

News Source:- https://www.financialexpress.com/policy/economy/india-may-services-pmi-hits-6-month-high-external-demand-rebounds-input-cost-inflation-eases-nbsp/4257772/