By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Latest World News UpdateLatest World News UpdateLatest World News Update
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Reading: 2025 begins with India’s private sector growth slowing and services losing steam: HSBC flash PMI – World News Network
Share
Notification Show More
Font ResizerAa
Latest World News UpdateLatest World News Update
Font ResizerAa
  • Home
  • Business
  • National
  • Entertainment
  • Sports
  • Health
  • Science
  • Tech
  • World
  • Marathi
  • Hindi
  • Gujarati
  • Videos
  • Press Release
    • Press Release
    • Press Release Distribution Packages
  • Legal Talk
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Latest World News Update > Blog > Business > 2025 begins with India’s private sector growth slowing and services losing steam: HSBC flash PMI – World News Network
Business

2025 begins with India’s private sector growth slowing and services losing steam: HSBC flash PMI – World News Network

worldnewsnetwork
Last updated: January 24, 2025 12:00 am
worldnewsnetwork 6 months ago
Share
SHARE

New Delhi [India], January 24 (ANI): The latest HSBC PMI data, compiled by S&P Global, showed that a stronger expansion in the manufacturing industry in India was more than offset by a loss of growth momentum in the service economy.
Indian private sector companies started 2025 with a slowdown in growth. With the rise in new business intakes receding, aggregate output increased at the weakest pace since November 2023, HSBC Flash India PMI said Friday.
Meanwhile, prices charged for goods and services rose at a faster rate than in December as cost pressures intensified.
Falling from a final reading of 59.2 in December to 57.9 in January, the HSBC Flash India Composite* Output Index – a seasonally adjusted index that measures the monthon-month change in the combined output of India’s manufacturing and service sectors – indicated the weakest rate of expansion for 14 months.
Nevertheless, the headline figure was comfortably above its long-run average of 54.7.
Sales expanded at manufacturing companies and their services counterparts, though the direction of growth differed.
Factory orders rose at the quickest pace for six months, while the increase in services new business was the slowest since November 2023. Considering the size of India’s service economy, private sector sales growth therefore eased at the start of the year, the PMI said.
“The cooling in growth in new domestic business in the services sector, however, highlights a potentially emerging weak spot in the economy. New export business for service providers, on the other hand, looks set to maintain its growing momentum,” said Pranjul Bhandari, Chief India Economist at HSBC.
One area in which growth ticked higher in a broad-based fashion was exports. Both manufacturers and service providers indicated stronger increases than in December, which underpinned the fastest expansion in aggregate international sales for six months.
The HSBC Flash India PMI is compiled by S&P Global from responses to questionnaires sent to survey panels of around 400 manufacturers and 400 service providers. The indices vary between 0 and 100, with a reading above 50 indicating an overall increase compared to the previous month, and below 50 an overall decrease. The indices are then seasonally adjusted. (ANI)

Contents
WORLD MEDIA NETWORKPRESS RELEASE DISTRIBUTIONPress releases distribution in 166 countriesPress releases in all languagesPress releases in Indian LanguagesIndia PackagesEurope PackagesAsia PackagesMiddle East & Africa PackagesSouth America PackagesUSA & Canada PackagesOceania PackagesCis Countries PackagesWorld Packages

Disclaimer: This story is auto-generated from a syndicated feed of ANI; only the image & headline may have been reworked by News Services Division of World News Network Inc Ltd and Palghar News and Pune News and World News

sponsored by

WORLD MEDIA NETWORK


PRESS RELEASE DISTRIBUTION

Press releases distribution in 166 countries

EUROPE UK, INDIA, MIDDLE EAST, AFRICA, FRANCE, NETHERLANDS, BELGIUM, ITALY, SPAIN, GERMANY, AUSTRIA, SWITZERLAND, SOUTHEAST ASIA, JAPAN, SOUTH KOREA, GREATER CHINA, VIETNAM, THAILAND, INDONESIA, MALAYSIA, SOUTH AMERICA, RUSSIA, CIS COUNTRIES, AUSTRALIA, NEW ZEALAND AND MORE

Press releases in all languages

ENGLISH, GERMAN, DUTCH, FRENCH, PORTUGUESE, ARABIC, JAPANESE, and KOREAN CHINESE, VIETNAMESE, INDONESIAN, THAI, MALAY, RUSSIAN. ITALIAN, SPANISH AND AFRICAN LANGUAGES

Press releases in Indian Languages

HINDI, MARATHI, GUJARATI, TAMIL, TELUGU, BENGALI, KANNADA, ORIYA, PUNJABI, URDU, MALAYALAM
For more details and packages

Email - support@worldmedianetwork.uk
Website - worldmedianetwork.uk

India Packages

Read More

Europe Packages

Read More

Asia Packages

Read More

Middle East & Africa Packages

Read More

South America Packages

Read More

USA & Canada Packages

Read More

Oceania Packages

Read More

Cis Countries Packages

Read More

World Packages

Read More
sponsored by

You Might Also Like

BeLive Holdings Launches Groundbreaking Creative Subsidiary Led by Award-Winning Visionary – World News Network

Indian IPO market resilient in H1 2025 with 108 deals raising $4.6 bn despite 30% dip in volume: EY – World News Network

The Pahadi Story: Bringing Himalayan Wellness to the World, Powering Lives in the Hilly Regions of Uttarakhand – World News Network

Top Builders Offering 2BHK and 3BHK Flats in Whitefield Bangalore: Sowparnika, Sattva, 2G Tula & More – World News Network

Reset Your Life with Yoga: Priyanka Goyal’s New Book Offers a Healing Blueprint for Today’s Lifestyle Disorders – World News Network

Share This Article
Facebook Twitter Email Print
Previous Article Leonardo DiCaprio and Martin Scorsese likely to reunite for adaptation of ‘The Devil in the White City’ – World News Network
Next Article “You’ve to be there…’: Comedian Russell Howard shares his ‘excitement’ ahead of debut performance in India – World News Network
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

235.3kFollowersLike
69.1kFollowersFollow
11.6kFollowersPin
56.4kFollowersFollow
136kSubscribersSubscribe
4.4kFollowersFollow
- Advertisement -

Latest News

CBI apprehends 2 account officers in BSF Delhi in a Rs 2 lakh bribery case – World News Network
National 16 hours ago
YSRCP’s Sheelam Nadiya demands apology from TDP MLA Bhanu Prakash for “derogatory remarks” against Roja Selvamani – World News Network
National 16 hours ago
“In name of Make in India we are merely assembling, not truly manufacturing”: Rahul Gandhi – World News Network
National 16 hours ago
Union MoS for Minority Affairs George Kurian inaugurates Skill Development Centre, Girls Hostel under PMJVK scheme in Kerala – World News Network
National 16 hours ago

Sports

Polyak Imre & Varga Janos Memorial 2025: India wrestlers Antim, Harshita strike gold with imposing wins – World News Network
Sports
Former England cricketer Atherton suggests India to go with three-spinner combination in Manchester – World News Network
Sports

Popular Category

  • Business
  • Entertainment
  • Health
  • National
  • Videos
  • Gujarati

Popular Category

  • Hindi
  • Lifestyle
  • Marathi
  • National
  • Science
  • Sports
  • Tech
  • World

Entertainment

“My family and friends will need a new show”: Jimmy Fallon “sad” over cancellation of Stephen Colbert’s ‘The Late Show’ – World News Network
Entertainment
Denise Richards alleges estranged husband Phypers “threatened to kill” her, granted temporary restraining order – World News Network
Entertainment
Copyright © 2023 World News Network. All Rights Reserved.
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
Welcome Back!

Sign in to your account

Lost your password?