India’s Economic Activity Holds Steady in May, Flash PMIs Show
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Article Excerpt
Article content (Bloomberg) — India’s economic activity remained stable in May from a month ago, a flash survey by HSBC Holdings Plc showed Thursday. Article content The manufacturing purchasing managers’ index fell slightly to 54.3 in May from 54.7 last month, while the services purchasing managers’ index held steady at 58.9 from 58.8 in April. The composite index also remained stable at 58.1 in May compared with 58.2 in April. Article content Article content The indexes, reflecting business confidence in the economy, are based on preliminary surveys. The data may be revised when final PMI fi…
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Jun 2, 2026