January 2025 Flash PMI Data: Services Growth Hits 14-Month Low At 56.8, Manufacturing Activity Hits Six-Month High At 58
In January 2025, private sector activity in India saw its sharpest slowdown in 14 months, according to the HSBC Flash Purchasing Managers’ Indices (PMI). While manufacturing witnessed a significant upswing in new orders, a marked deceleration in the services sector offset overall growth.