India’s services PMI drops to 17-month low of 57.4 in June 2026 as demand softens

The loss of momentum points to more challenging market conditions and weaker demand, particularly at home, says Pranjul Bhandari, Chief India Economist at HSBC

Jul 3, 2026 - 19:30
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India’s services PMI drops to 17-month low of 57.4 in June 2026 as demand softens
The loss of momentum points to more challenging market conditions and weaker demand, particularly at home, says Pranjul Bhandari, Chief India Economist at HSBC

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