Indian HSBC Services PMI Flash (Feb) 58.4 (Prev. 58.5)

Newsquawk Staff · 20 Feb 2026, 05:20 UTC

What it means

The Indian HSBC Services PMI Flash for February came in slightly lower at 58.4, down from the previous 58.5. While this represents a minor deceleration, it remains firmly above the critical 50-mark indicating continued expansion in the services sector. Traders should consider the implications for growth expectations and their potential impact on monetary policy in the region.

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