The flash composite Purchasing Managers' index (PMI), a key indicator of economic health, decreased to 59.3 in September from an upwardly revised 60.7 in August.

However, employment continued to increase at a solid pace in September Rates of input cost and output price inflation were relatively muted

India's manufacturing and services sectors saw a slowdown in September, with the HSBC Flash India Composite PMI Output Index dropping to 59.3 from 60.7 in August. Both manufacturing and services experienced the slowest growth rates of 2024,