Financial News: India Private Sector Continues To Expand

India Private Sector Continues To Expand

07/24/2025 - 01:43:00 (RTTNews)

(RTTNews) - India's private sector continued to expand in July but the pace of growth moderated slightly, flash survey results from S&P Global showed on Thursday. The HSBC flash composite output index posted 60.7 in July, down from 61.0 in June. However, the index remained well above its long-run average of 54.8.

Manufacturers registered a faster growth in output than service providers. Private sector companies received higher volume of international orders. There was a softer upturn in services activity. The services Purchasing Managers' Index dropped to 59.8 in July from 60.4 in the previous month. Meanwhile, the factory PMI rose to 59.2 from 58.4 a month ago.

There were sharper expansions in total sales, export orders and output levels. Although business confidence remained positive, it reached the lowest in close to two-and-a-half years. Job creation eased to the weakest in 15 months. On the price front, there were faster increases in both input costs and output charges.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Japan GDP Climbs 0.3% In Q2 (11 min(s), 29 sec(s) ago)
(RTTNews) - Japan's gross domestic product expanded a seasonally adjusted 0.3 percent on quart ...Full Story»

New Zealand Manufacturing Sector Expands In July - BusinessNZ (01 hr(s), 26 min(s), 29 sec(s) ago)
(RTTNews) - The manufacturing sector in New Zealand moved up into expansion territory in July, Bus ...Full Story»

Japan GDP Data Due On Friday (02 hr(s), 19 min(s), 29 sec(s) ago)
(RTTNews) - Japan will on Friday release preliminary Q2 numbers for gross domestic product, highli ...Full Story»

Treasury Announces Details Of Twenty-Year Bond Auction (09 hr(s), 02 min(s), 29 sec(s) ago)
(RTTNews) - The Treasury Department on Thursday announced the details of this month's auction ...Full Story»

U.S. Producer Price Growth Far Exceeds Estimates In July (09 hr(s), 41 min(s), 29 sec(s) ago)
(RTTNews) - Producer prices in the U.S. increased by much more than expected in the month of July, ...Full Story»

Slovenia GDP Rebounds 0.7% In Q2 (09 hr(s), 57 min(s), 29 sec(s) ago)
(RTTNews) - Slovenia's economy expanded in the second quarter after a renewed contraction in ...Full Story»

U.S. Weekly Jobless Claims Unexpectedly Dip To 224,000 (10 hr(s), 13 min(s), 29 sec(s) ago)
(RTTNews) - The Labor Department released a report on Thursday unexpectedly showing a modest decre ...Full Story»

UK GDP Rises More Than Expected (10 hr(s), 54 min(s), 29 sec(s) ago)
(RTTNews) - The UK economy expanded more than expected in the second quarter but the overall growt ...Full Story»