FX.co ★ India Services PMI Revised Donward

In April 2025, the HSBC India Services PMI was adjusted downwards to 58.7, a slight decrease from its initial estimate of 59.1. Despite this revision, the figure still surpassed both the reading from March and market expectations, which were set at 58.5. This marks the 45th month in a row of growth in the services sector. The upturn was primarily driven by a quicker increase in new orders, with international sales experiencing their most rapid growth since July 2024.