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Services activity rises to 10-month high on demand
Mint Mumbai
|July 04, 2025
India's services sector output rose to a 10-month high in June, driven by sales, a rise in new order intakes, and an upturn in demand, according to a private survey released on Thursday.
The seasonally adjusted HSBC India Services PMI Business Activity Index, compiled by S&P Global, rose to 60.4 in June, up from 58.8 in May, 58.7 in April, and 58.5 in March, and well above the 50-mark that separates expansion from contraction.
The increase in export orders was among the strongest in the series's history, while price pressures eased in June, with both input cost and output charge inflation softening since the previous month, the survey said.
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