# India Services PMI Hits 4-Month High

> India's services sector expands fastest in four months as demand improves.
- Title: India Services PMI Hits 4-Month High · Financialexpress
- Summary: India's services sector expands fastest in four months as demand improves. India's services PMI rose to 55.8 in October, hitting a four-month high as…
- Keywords: india, services pm i, hsbc, demand, employment, input costs, output, Financialexpress
- Source: Financialexpress — https://financialexpress.com/business/industry-october-services-pmi-hits-4-month-high-rises-to-55-8-as-demand-improves-4376686
- Author: Khushboo Kumari
- Published: 2026-11-04T06:34:24+00:00
- Read time: 1 min
- Topics: india, services pm i, hsbc, demand, employment, input costs, output, business, money, news
## October services PMI hits 4-month high
India’s services PMI hit a four-month high of 55.8 in October as demand improved.
## Demand drives services growth
New business orders grew fastest since June, supported by stronger demand and client wins.
## Employment growth slows
Hiring slowed to weakest pace since June, with businesses managing existing workloads.
## Input cost inflation falls
Input costs increased slowest pace since August 2020, offering inflation relief.
## Composite PMI rises
Private sector output expanded fastest in four months, supported by services growth.
## Business confidence weakens
Business sentiment declined below long-term average despite optimistic outlook.
## Key takeaway

India's services PMI rose to 55.8 in October, hitting a four-month high as domestic demand strengthened.