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India Aug HSBC Services PMI Final Revised Downward, Rises to 54.1 Below Forecast
2026-09-03 14:06:46
HSBC Global Investment Research and S&P Global jointly announced that, after seasonal adjustment, India's final Services PMI for Aug was revised downward. The index rose to 54.1 from the previous reading of 53.3, below market expectations for the preliminary reading to be confirmed at 54.5.

During the period, growth in output and new orders among Indian services firms accelerated, while job creation quickened to a 15-month high. Inflation edged up slightly.

India's final HSBC Composite PMI for Aug was revised downward, remaining flat MoM at 54.3 and below market expectations for the preliminary reading to be confirmed at 54.6. (da/j)~

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This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.