Tag: india services sector

India's manufacturing PMI fell to an eight-month low of 56.5 in August, contributing to a decline in the composite PMI to 58.3 in September, marking the weakest overall performance since November last year.(Bloomberg)
Posted in Business

India September services growth hits 10-month low, PMI shows

 October 4, 2024  Leave a Comment on India September services growth hits 10-month low, PMI shows

Growth in India’s dominant services sector remained robust but slackened to a 10-month low in September as demand slowed, a business survey showed on Friday….

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In August, India's services sector showed robust growth, with the PMI climbing to 60.9, the highest since March. Demand remained strong despite a decline in international orders. Hiring continued at a solid pace, and inflationary pressures eased, leading to lower output price inflation.
Posted in Business

India’s services sector growth accelerates to 5-month high in August, PMI shows

 September 4, 2024  Leave a Comment on India’s services sector growth accelerates to 5-month high in August, PMI shows

Activity in India’s dominant services sector rose at its fastest pace in five months in August as demand remained resilient amid easing inflationary pressures, a…

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Posted in Economy

india services sector: India’s services activity grows at fastest pace in 12 years in February

 March 3, 2023  Leave a Comment on india services sector: India’s services activity grows at fastest pace in 12 years in February

Activity in India‘s dominant services sector expanded at the fastest pace in 12 years in February on strong demand as price pressures eased further amid…

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