India’s Private Sector Growth Cools in September as US Tariffs Weigh on Exports

India’s private sector growth cools in September as US tariffs weigh on exports

India’s private-sector growth eased from its high in August, per HSBC’s flash Purchasing Managers’ Index survey, as US tariffs curbed exports and hiring slowed. Both manufacturing and services moderated.

India’s strong private sector expansion loses some steam in September, PMIs show

By Anant Chandak BENGALURU (Reuters) -India’s private sector growth remained strong in September but cooled from August’s multi-year high as softer demand tempered new orders and failed to translate into faster job creation, a survey showed on Tuesday. HSBC’s flash India Composite Purchasing Managers’ Index (PMI), compiled by S&P Global, fell to 61.9 this month from a final reading of 63.2 in August and below a Reuters poll median forecast of 62…

Indian private sector growth slows in September on US tariff impact

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India's strong private sector expansion loses some steam in September, PMIs show