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India’s Economic Activity Stays Subdued as Manufacturing Weakens

Economic DataConsumer Demand & RetailInflation

HSBC’s August flash survey shows India’s economic activity stayed subdued, with manufacturing slowing while services posted slight growth. The mixed but weak momentum suggests near-term growth remains cautious, which may temper risk appetite toward India-linked cyclical exposures.

Analysis

HSBC’s August flash survey shows India’s economic activity stayed subdued, with manufacturing slowing while services posted slight growth. The mixed but weak momentum suggests near-term growth remains cautious, which may temper risk appetite toward India-linked cyclical exposures.

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Market Sentiment

Overall Sentiment

mildly negative

Sentiment Score

-0.15

Ticker Sentiment

HSBC-0.10

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