June 23, 2025 2:20 PM
India’s economic activity hits 14-month high in June: HSBC report
India’s economic activity reached a 14-month high in June, driven by a sharp increase in new business orders and a record rise in exports, according to HSBC’s flash Purchasing Managers’ Index (PMI) data released on Monday. The HSBC Flash India Composite Output Index, which reflects the combined performance of the manufacturing and services sectors, rose to 61.0 in June from 59.3 in May, indicating robust expansion well above the long-term average. Manufacturers led the momentum, although ...


