Friday, January 21, 2022

India Services Business Activity Index

India’s services sector slumps in May

International demand for Indian services also worsened, with new export business falling at the quickest rate in six months.

India’s services sector activity slows down

The seasonally adjusted India Services Business Activity Index fell from 53.7 in November to 52.3 in December.

Job losses widen in services sector: PMI

On the prices front, input prices rose in September, with monitored companies citing higher fuel, meat and vegetable costs. The overall rate of inflation was at a seven-month high.

Latest News

- Advertisement -