AI Data Insight
India's September 2026 Services PMI rose from 54.1 in the previous month to 55.2, hitting a three-month high, but fell short of the market expectation of 56.2. Benefiting from strong domestic demand, new order growth was impressive, but overseas export order momentum dropped to a nearly three-year low. Although input inflation pressure showed signs of easing, the overall expansion momentum in the third quarter remained the weakest since the first quarter of 2022, and business confidence remained cautious.