HSBC Flash India PMI: Private Sector Growth Cools in October
Why in the news
A fast survey of firms showed the Indian private sector lost some pace in October 2025, with growth at its weakest in five months.
Key facts
- Indicator: HSBC Flash India Composite Purchasing Managers’ Index (PMI).
- Compiler: S&P Global.
- Reading: private sector growth hit a five-month low in October 2025.
- Reasons: weaker demand conditions and rising output prices.
What it means
- The Composite PMI tracks business activity across the private sector.
- Slower growth signals that momentum faded during the month rather than a contraction.
Exam angle
- Index name: HSBC Flash India Composite PMI.
- Compiled by: S&P Global.
- Month covered: October 2025.
- Drivers of slowdown: weak demand and higher output prices.