August 21, 2026 1:26 PM
India composite PMI rises to 54.6 in August from 52-month low
India's private sector activity expanded at a slightly faster pace in August, with the HSBC Flash India Composite PMI (Purchasing Managers' Index) Output Index rising to 54.6 from 54.3 in July, according to the latest HSBC Flash India PMI report. The July reading was a 52-month low. Although the August data showed a marginal improvement, it remained the second-weakest reading since March 2022, indicating that overall private sector growth continued to be subdued. The composite index tracks mon...


