India’s services sector expanded in April, accelerating after a weaker March, driven by resilient domestic demand. While new business picked up—led by consumer services—international order growth eased, dimming future sentiment amid Middle East uncertainties. Operating expenses rose more slowly, and employment expanded at the strongest pace in ten months, signaling hiring momentum even as global demand softens.
India’s manufacturing sector expanded modestly in April, with PMI rising to 54.7 as new orders and production improved and exports stayed strong. But inflation pressure is building: input prices accelerated at their fastest rate since August 2022, with output prices also climbing quickly. Hiring strengthened, hinting at optimism despite the cost shock linked to West Asia tensions.
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India’s manufacturing growth inched higher in April, with the PMI rising to 54.7, but it hovered near a four-year low. Weak domestic demand and war-driven increases in input costs kept momentum muted. Still, export orders strengthened, firms added jobs, and sentiment improved, hinting that demand may shift beyond home markets.
India’s private sector activity expanded in April, with both manufacturing and services rebounding strongly, according to PMI data. The uptick came even as firms faced higher costs linked to the Middle East conflict and oil shock. Domestic demand stayed resilient, companies increased stockpiling, and employment improved, signaling confidence despite global risks.
India’s private sector growth accelerated in April, with the HSBC Flash Composite PMI rising to 58.3 as manufacturing and services rebounded from the previous month. Despite war-driven concerns and fuel disruptions linked to the Hormuz region, hiring surged to a 10-month high. Price pressures eased only partially, while confidence slipped as firms weighed near-term uncertainty.
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