India’s services sector logs 11-month high: Export orders,...

India’s services sector logs 11-month high: Export orders, sales drive July growth; job creation slows

Postado

India's services sector surged in July, hitting an 11-month high with a PMI of 60.5, fueled by robust export orders and strong sales growth. New international business from Asia, Europe, and the US drove the expansion. While firms are optimistic about future output, input and output prices saw a slight increase. Job creation slowed, despite overall strong activity.

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