New Delhi, Dec 16 (KNN) The HSBC Flash India Composite PMI Output Index survey which measures the month-on-month change within the mixed output of India’s manufacturing and repair sectors dipped in December 2025 to 58.9 as towards 59.7 in November this yr indicating growth in enterprise actions however at a slower tempo.
The HSBC Flash India PMI is compiled by S&P International and relies on responses from round 400 producers and 400 service suppliers.
A PMI studying above 50 signifies financial growth, whereas the rating beneath it exhibits contraction within the manufacturing and companies sectors. A print of precisely 50 denotes no change.
The personal survey stated that progress in enterprise exercise slowed in each manufacturing and repair sectors throughout December this yr. Additional, softer will increase in output mirrored moderation in new orders which continued to rise sharply amid stories of enhancing buyer demand.
“Whereas the tempo of growth in whole new orders eased, the speed of progress in new export orders accelerated in December and was at a three-month excessive,” stated the survey compiled by S&P International.
The survey contributors reported having acquired new orders from a spread of export markets, together with Australia, Bangladesh, Canada, Germany, the Center East, Sri Lanka, the UK and the US throughout December this yr.
Andrew Harker, Economics Director at S&P International Market Intelligence, stated that HSBC Flash India PMI (buying managers’ index) ended 2025 in optimistic trend, finishing a yr of marked progress for the personal sector.
“Charges of growth in output and new orders eased in December, however remained sharp nonetheless. Corporations have been helped by inflationary pressures remaining muted because the yr drew to a detailed,” famous Harker.
No Change in Job State of affairs
Citing anecdotal proof from firms throughout each manufacturing and companies sector, the survey stated that present workers power was sufficient to deal with new orders. Consequently, employment ranges remained broadly unchanged in December, with a minor improve in workforce numbers.
As per the survey, manufacturing sector staffing ranges have been up marginally in December, whereas companies employment was broadly secure.
Worth Stability
As per the S&P International survey, inflationary pressures remained muted in December. Enter prices elevated modestly, and at a tempo that was solely barely sooner than the close to five-and-a-half-year low posted in November. Furthermore, the tempo of inflation was slower
than the collection common. The survey findings famous solely a gentle improve in inflation throughout each the manufacturing and repair sectors.
Future Outlook
Speaking in regards to the outlook for enterprise exercise in 2026, the survey stated that firms remained assured that progress might be maintained. Nevertheless, their optimism continued to melt.
“The truth is, sentiment dipped for the third month operating in December to the bottom since July 2022,” it stated.
The drop in confidence was principally centred on the service sector as manufacturing optimism ticked up from the earlier survey interval.
(KNN Bureau)
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