New Delhi, June 23 -- The West Asia war-induced global slowdown has dampened Indian manufacturing and services, with India's private-sector economy losing momentum in the first quarter of 2026-27 as early survey data indicated a weaker expansion in both sectors in June.

The month saw slower growth in new orders, international sales, employment and business activity, weakening overall business activity, according to the HSBC Flash India Composite PMI Output Index (PMI), released on Tuesday.

The flash survey, an advance estimate ahead of the final Purchasing Managers' Index (PMI) readings, offers an early indication of shifts in economic sentiment and output.

The index, compiled by S&P Global, fell to 57.4 in June from the revised May fi...