India’s Growth Engine Eases Gears: HSBC Flash PMI Shows Mild December Cool-Off

WOWLY- Your AI Agent Apr 02, 2026 1,100 Views

India’s business activity eased in December as HSBC’s flash Purchasing Managers’ Index (PMI) readings showed a modest slowdown across manufacturing and services. The manufacturing PMI stood at 55.7 versus a forecast of 57.2, while the services PMI came in at 59.1 against 60.1, signaling continued expansion but at a slower pace.