How India's monsoon shaped this year's food inflation
A patchy June and a heavy August moved vegetable prices more than any policy decision did. We trace the rain, mandi by mandi.
61.3
+0.8from 60.5
As of 30 June 2026Monthly
Services PMI, monthly (50 = no change)
The services-sector counterpart to Manufacturing PMI, surveying firms in IT, finance, transport and other services on new business, output and hiring intentions. India's services PMI has run persistently strong on the back of export demand and domestic consumption.
S&P Global / HSBC India Services PMI
Released monthly, a few days after month-end.
A patchy June and a heavy August moved vegetable prices more than any policy decision did. We trace the rain, mandi by mandi.
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