India's services sector saw strong July growth, but hiring slowed and inflation pressures mounted amid robust output and new orders.

• Services PMI rose to 60.5 in July, marking the sharpest output growth since August 2024.
• Composite PMI climbed to 61.1, the fastest expansion since April 2024, driven by strong private sector demand.
• Job creation slowed to a 15-month low, while input and output prices rose faster than in June.