The following week would see a slew of data release happening on the domestic and the global front. The auto sales data along with key PMI values and inflation numbers would on investor radar in India. Globally, along with various PMI values, other major macroeconomic data points, especially the US non-farm payrolls data would remain in focus. Investors would also remain watchful of the geo-political developments on the global front.
The monthly auto sales values for August 2025 would be made public on Monday (September 01).
The Final reading for the HSBC Manufacturing PMI for August 2025 would be released on Monday (September 01). As per the preliminary estimates, the HSBC India Manufacturing PMI rose to 59.8 in August 2025 from a final reading of 59.1 in July. This marked the highest level since January 2008, driven by a sharp rise in new orders amid strong domestic demand.
Further, the Final values for the HSBC Services PMI and HSBC Composite PMI for August 2025 would be made public on Wednesday (September 03).
The HSBC India Services PMI rose to 65.6 in August 2025 from 60.5 in July, according to a flash estimate. This marked the highest reading on record, signaling an exceptionally strong expansion in the services economy.
HSBC India Composite PMI jumped to a record high of 65.2 in August 2025 from 61.1 in the prior month, flash data showed. The acceleration reflects robust expansion across both manufacturing and services, with the latter spearheading the gains as business activity surged to a new survey peak.
Finally, the inflation rate for the month of August 2025 would be announced on Friday (September 12). The annual consumer price inflation rate in India fell to 1.55% in July of 2025 from 2.1% in the previous month, to mark the ninth consecutive decrease in the inflation rate and only 1 basis point away from the series-low in June of 2017. From the previous month, consumer prices were 0.9% higher.
In China, the NBS Manufacturing PMI for the month of August 2025 would be released on Sunday (August 31). China's official NBS Manufacturing PMI dropped to 49.3 in July 2025 from June’s three-month high of 49.7, marking the fourth consecutive month of contraction in factory activity.
Further, the Caixin Manufacturing PMI for August 2025 would be unveiled on Monday (September 01). The Caixin China General Manufacturing PMI fell to 49.5 in July 2025, down from 50.4 in June. The latest reading marked the second contraction in factory activity in three months, driven by a sharper decline in new export orders amid global trade uncertainty.
On Wednesday (September 03), the Caixin Services PMI and the Caixin Manufacturing PMI for August 2025 would be released.
The Caixin China General Services PMI rose to 52.6 in July 2025, up from June’s nine-month low of 50.6. The reading signaled the fastest expansion in the services sector since May 2024.
The S&P China General Composite PMI dipped to 50.8 in July 2025 from June’s three-month high of 51.3. While the pace of expansion slowed, it marked the second straight month of private sector growth, largely driven by the services sector as manufacturing output contracted.
In United States, the ISM Manufacturing PMI for August 2025 would be announced on Tuesday (September 02). The ISM Manufacturing PMI fell to 48 in July 2025 from 49 in June. The reading marked the fifth consecutive month of contraction in the manufacturing sector and was the weakest since October of last year.
The JOLTs Job Openings data for the month of July 2025 would be released on Wednesday (September 03). The number of job openings in the US fell by 275,000 to 7.437 million in June 2025, below market expectations of 7.55 million.
The ISM Services PMI for August 2025 would be announced on Thursday (September 04). The ISM Services PMI unexpectedly fell to 50.1 in July 2025 from 50.8 in June. The reading showed the services sector nearly stagnated, with seasonal and weather factors having a negative impact on business.
Lastly, on Friday (September 05), the non-farm payrolls and the unemployment rate figures would be made public.
The US nonfarm payrolls rose by 73K in July 2025, well below expectations of 110K. The June figure was sharply revised down from an initial 147K to just 14K, while May's reading was also cut by 125K. Taken together, these revisions show that employment in May and June was 258K lower than previously reported—suggesting the labor market may be cooling more rapidly than initially anticipated.
The US unemployment rate rose slightly to 4.2% in July 2025 from 4.1% in June. The number of unemployed increased by 221,000 to 7.236 million, while employment fell by 260,000 to 163.106 million.