Service sector growth hit 15-year high in August, but inflation intensifies, PMI shows

HSBC's India Services Purchasing Managers' Index (PMI) , compiled by S&P Global, jumped to 62.9 last month from 60.5 in July, but was much lower than a preliminary reading of 65.6

Sep 3, 2025 - 12:05
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Service sector growth hit 15-year high in August, but inflation intensifies, PMI shows
HSBC's India Services Purchasing Managers' Index (PMI) , compiled by S&P Global, jumped to 62.9 last month from 60.5 in July, but was much lower than a preliminary reading of 65.6

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