India's Manufacturing & Services Purchasing Managers' Index (PMI) experienced a modest decline in December 2025, according to the latest data updated on December 16. The indicator fell to 58.90 from November's 59.70, signifying a slight contraction in expansion within the sector.
The PMI, which provides crucial insights into the economic health of the manufacturing and services sectors, had previously indicated robust growth at 59.70 in November 2025. However, the current reading of 58.90 suggests a softening of momentum as the year closes. Despite the decline, the PMI remains above the 50-mark that separates expansion from contraction, signaling that growth still pervades the Indian economy, albeit at a slower rate.
This month-over-month decrease warrants attention as businesses navigate the tail end of the fiscal year. Market analysts will be keenly observing the influences behind this dip, whether stemming from global economic pressures, domestic demand fluctuations, or seasonal adjustments that typically characterize the end-year period. As India continues to bolster its economic framework, stakeholders remain cautiously optimistic for a bounce-back in the coming months.