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July 05, 2023
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India PMI services 58.5 (consensus 60.2) in Jun-23

- India's PMI for services declined to 58.5 in June 2023, falling short of market expectations of 60.2, marking the lowest level since March 2023.
- Despite the decline, the Indian service sector continues to exhibit growth, albeit at a slower pace compared to the previous month.

July 03, 2023
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India PMI manufacturing 57.8 (consensus 58.0) in Jun-23



- The India PMI manufacturing index registered at 57.8 in June 2023, slightly below the consensus forecast of 58.0.
- Despite the dip, the index remains above the one-year average, indicating the Indian manufacturing sector's resilience and contribution to economic growth.

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