Indian HSBC Composite PMI Final (Jan) 58.4 (Prev. 57.8)

Newsquawk Staff · 4 Feb 2026, 05:20 UTC

What it means

The final HSBC Composite PMI for India in January rose to 58.4 from a previous reading of 57.8, indicating a stronger expansion in both manufacturing and services. This improvement suggests robust economic activity, which may reinforce positive sentiment for growth in the Indian economy and potentially influence central bank policy towards a more hawkish stance if this trend continues.

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