Key Points
India's business activity expanded at the fastest pace in four months in January on stronger demand, according to a private survey that also showed input costs rising at the quickest rate since August...
HSBC's flash India Composite Purchasing Managers' Index (PMI), compiled by S&P Global, rose to 61.0 this month, its highest since September, from December's final reading of 58.5...
"The economy grew at a faster pace in January, led by stronger manufacturing output, as well as more robust business services activity," noted Pranjul Bhandari, chief India economist at HSBC...
Factory new orders grew at the quickest pace in four months while new business in the services sector increased at its fastest rate since July 2023...
Although overall output prices rose at a slower rate in January, input costs increased at the sharpest pace since August 2023, indicating price pressures could remain elevated...
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