FX.co ★ India Services Sector Growth Hits 10-Month High

The HSBC India Services PMI rose to 60.7 in June 2025, up from 58.8 in May, based on preliminary estimates. This signifies the quickest growth rate since the previous August, spurred by ongoing increases in output and new orders, even amid a slowing in foreign sales growth. Employment levels also rose, though at a slightly reduced pace compared to the transition from May to June. On the pricing front, both input and output price inflation eased, despite companies raising their fees to counter increased costs. Lastly, business sentiment saw a decline.