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Informist, Thursday, Aug. 21, 2025

 

--India Aug flash composite PMI output index 65.2 vs 61.1 Jul final

--India Aug flash services PMI activity index 65.6 vs 60.5 Jul final 

--India Aug flash manufacturing PMI 59.8 vs 59.1 Jul final 

--India Aug flash manufacturing PMI of 59.8 highest since Jan 2008 

 

NEW DELHI – India's private sector activity showed robust expansion in August, with the HSBC Flash Composite Purchasing Managers' Index rising to 65.2 from 61.1 in July, S&P Global, which compiles the data, said Thursday. This was the sharpest expansion since HSBC started collecting survey data for PMI in December 2005.

 

The services sector activity was at a record high in August, while manufacturing sector activity also galloped to over a 17-year-high. The services sector activity in August managed to outperform the manufacturing sector, with a PMI of 65.6 from 60.5 in July. Meanwhile, manufacturing activity, at 59.8 in the reporting month, was the highest since January 2008.

 

"The Services flash PMI touched an all-time high of 65.6, led by a sharp pick-up in new business orders, both export and domestic," Pranjul Bhandari, chief India economist at HSBC, said in a release. "The Manufacturing flash PMI rose further, inching closer to the 60-mark, led by a smart rise in new domestic orders. Growth of new export orders, however, remained unchanged at July's levels. Margins improved as the rise in output prices was much faster than that for input costs."

 

Data showed an intensification of inflationary pressures across India's private sector as input costs rose markedly along with reports of higher wage bills, particularly at services sector companies, and due to greater raw material prices. Companies reported that strong demand encouraged them to raise the prices for their goods and services.

 

Export markets supported August's uplift in overall new business, according to the data. Firms mentioned strong demand from Asia, West Asia, Europe and the US. New businesses from abroad increased at the quickest pace since the composite data were first published in 2014, S&P Global said in its press release. 

 

Hiring picked up during the month, with jobs growth accelerating above the long-run average as quicker upturn at services firms offset a fractional softening among manufacturers. Indian companies have registered the most optimistic assessment of the year-ahead outlook since March and anticipate further growth in business activity in the next 12 months.  End

 

 

Reported by Krity Ambey

Edited by Tanima Banerjee

 

 

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