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India's private sector growth hits over four-year low
India's private sector growth slowed significantly in July, reaching a four-year low. Weaker demand and services activity constrained business expansion, impacting overall economic momentum. Manufacturing and services sectors both experienced a slowdown, with new orders declining sharply. Exports offered a bright spot, showing increased international demand for goods and services. Firms increased inventories and purchasing volumes amid supply chain uncertainties.
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economictimes.indiatimes.com
India's private sector growth slumped to over four-year low in July, PMI shows
Indias private sector growth slowed sharply inJuly, reaching its weakest level in more than four years, mainly due to a significant slowdown in theservices sector. The HSBC Flash…
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newsbytesapp.com
India's private sector growth hits 4-year low in July
India's private sector growth fell to a four-year low in July, with the HSBC Flash India Composite PMI dropping to 54.3 due to a services sector slowdown.
