AI Data Insight
India's Services PMI for August 2026 (Q3) mildly rebounded to 54.1 from the previous 53.3, remaining in the expansion zone for the 61st consecutive month. Although the overall pace of expansion remains the second-lowest in nearly four and a half years, supported by new domestic and international business, companies accelerated hiring, pushing job creation to a 15-month high and demonstrating the resilience of the labor market in the services sector amid challenges.