India's private sector activity continued to expand strongly in June, though the pace of growth eased to a three-month low amid cost pressures and softening demand conditions, flash survey results from S&P Global showed on Tuesday.
The HSBC flash composite output index dropped to 57.4 in June from 59.3 in May. However, a score above 50 indicates expansion in the sector.
New orders rose at the weakest pace in three months, which was evident at both manufacturing firms and their services counterparts due to competitive pressures, rising fuel prices, and shortages of gas. New export orders also grew at the slowest rate in 21 months.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.