India, June 23 -- India's private sector activity expanded at the quickest pace in more than a year in June amid a record upturn in international sales, flash data compiled by S&P Global showed on Monday.
The HSBC composite output index rose to 61.0 in June from 59.3 in May. A score above 50.0 indicates expansion. The expected scor was 59.4.
Manufacturers led the upturn in business activity, though growth also picked up pace in the service economy, the survey said.
The manufacturing PMI climbed to 58.4 in June from 57.6 in the previous month, signaling the best improvement in operating conditions since April 2024.
The services purchasing manager's index rose to 60.7 in June from 58.8 in May.
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