India's services sector activity eases in Dec, shows PMI survey
New Delhi, Jan. 7 -- Growth in India's services sector moderated in December as softer expansion in new business weighed on output growth towards the end of 2025, according to a release from S&P Global on Tuesday. The seasonally adjusted HSBC India Services PMI Business Activity Index fell to 58.0 in December from 59.8 in November, marking the slowest pace of expansion since January, though still indicating a strong rise in activity.
"While India's service sector continued to perform well in December, the retreat in several survey indicators as 2025 ended may suggest a moderation in growth heading into the new year," said Pollyanna De Lima, economics associate director at S&P Global Market Intelligence.
New business inflows continued to ris...
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