Pvt sector activity eases to 5-mth low

Falling from 61.0 in September to 59.9 in October, the HSBC Flash India Composite Output Index, a seasonally adjusted index that measures the month-on-month change in the combined output of India’s manufacturing and service sectors, registered its lowest reading since May 2025, according to a survey released by S&P Global on Friday.

- FPJ News Service

Private sector activity increase sharply in October, but growth lost momentum amid a slowdown in the service economy. The latest PMI data highlighted the weakest expansions in aggregate new orders and output since May 2025, with international sales rising to a lesser extent. Meanwhile, the rate of job creation was the joint-softest in a year-and-a-half. Price trends were mixed, with input costs increasing at the weakest pace since June and charg