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Business
India Services PMI Climbs to 55.2 in September, Signaling Demand Recovery
✍️ Business Standard
🗓 07 Oct 2026, 06:38 AM
👁 12
India’s services Purchasing Managers’ Index rose to 55.2 in September, a clear sign of expanding demand in the sector, according to Business Standard.
India’s services Purchasing Managers’ Index (PMI) registered a rise to 55.2 in September, indicating a broad-based recovery in demand across the sector.
The PMI, which is a composite indicator of new orders, employment, and output, surpassed the 50‑point threshold that separates contraction from expansion.
Business Standard reports that the uptick reflects a rebound in business activity after the slowdown caused by the pandemic and recent economic disruptions.
Analysts suggest that the improvement may be driven by increased consumer spending and a gradual easing of supply‑chain constraints.
The services sector, which accounts for a significant share of India’s GDP, is expected to continue its upward trajectory as confidence returns among firms and households.
The PMI, which is a composite indicator of new orders, employment, and output, surpassed the 50‑point threshold that separates contraction from expansion.
Business Standard reports that the uptick reflects a rebound in business activity after the slowdown caused by the pandemic and recent economic disruptions.
Analysts suggest that the improvement may be driven by increased consumer spending and a gradual easing of supply‑chain constraints.
The services sector, which accounts for a significant share of India’s GDP, is expected to continue its upward trajectory as confidence returns among firms and households.