Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI Business sentiment in India recovers to best level since May 2018, as per S&P Global India Services PMI India’s services sector rebounded in August from a four-month low in July and created the highest jobs in 14 […]
Continue ReadingIndia’s services sector growth hit a four-month low as demand weakened amid inflation pressures, as per the S& S&P Global India Services Purchase Managers’ Index (PMI) which moderated to 55.5 in July from an 11-year high of 59.2 in June. A reading of 50 on the PMI indicates no change in business activity levels. While […]
Continue ReadingThe seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing to the slowest rate of growth in four months. The seasonally adjusted S&P Global India Services Purchasing Managers’ Index Business Activity Index fell from 59.2 in June to 55.5 in July, pointing […]
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