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Pvt sector output surges on services boost; mfg falls
Hindustan Times Ranchi
|February 22, 2025
Services activity index increased to 61.1 in February from 56.5 in January
NEW DELHI: India's private sector output increased at the fastest pace in six months during February amid a quicker expansion in services activity, according to an HSBC flash survey released on Friday.
The latest HSBC flash PMI data, compiled by S&P Global, signalled robust growth in overall sales, and increasing pressure on operating capacities. Price trends diverged, with cost inflation easing, while prices for goods and services rising faster during the period.
The services sector experienced an acceleration, with the HSBC Flash India Services PMI Business Activity Index rising to 61.1 in February, from 56.5 in January.
Meanwhile, India's manufacturing sector slowed, with the HSBC Flash India Manufacturing PMI standing at 57.1 in February from 57.7 in January.
This story is from the February 22, 2025 edition of Hindustan Times Ranchi.
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