HSBC Flash PMI Shows Softer Expansion Across India's Manufacturing and Services

India’s November HSBC Flash PMI showed moderation, with manufacturing at 57.4, services at 59.5, and composite at 59.9, all below forecasts. Growth slowed to a six-month low amid softer demand, but cost pressures eased. Despite the dip, India’s economy remains firmly in expansion mode, reflecting resilience in both sectors.

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