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06.01.202605:00:00UTC+00India's S&P Global Services PMI Declines to 58.0 in December

In a recent update from S&P Global, India's Services Purchasing Managers' Index (PMI) experienced a drop in December 2025, settling at 58.0, compared to the previous month's figure of 59.8. This shift underscores a deceleration in the country's services sector growth. The PMI, a vital indicator of service sector strength, reflects new business growth, employment, and business expectations.

The slight decline, despite remaining well above the 50.0 mark, indicative of sectoral expansion, suggests a cooling of the booming services industry in India as it enters 2026. Contributing factors could include global economic volatility, domestic demand fluctuations, and potential sectoral constraints. Stakeholders continue to monitor these movements closely, aiming to maintain momentum in one of the nation's key economic sectors.

The data, updated on January 6, 2026, remains crucial for policymakers and investors, highlighting the need for strategic adjustments to sustain growth in India’s robust service economy. This change reflects ongoing adjustments that might influence future economic planning and business strategies in the fast-evolving market landscape of India.

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