The Economic Times

Private sector activity eases in May; HSBC flash PMI slips to 58.1 amid West Asia conflict

India's private sector activity saw a slight dip in May. New orders, output, and exports grew slower. This slowdown was influenced by the West Asia conflict. Manufacturing activity eased, with output and new orders moderating. Export order growth softened significantly. Business confidence remained positive but dipped to a three-month low. Input costs intensified, especially for manufacturers.