Tag Archives: India services sector growth

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

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

India’s services grows (Representative image) India’s services sector expanded at its fastest pace in 11 months in July, supported by a sharp rise in export orders and solid sales growth, according to the HSBC India Services PMI released Tuesday. The Services Purchasing Managers’ Index (PMI) rose marginally to 60.5 in July from 60.4 in June, marking the highest level since …

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Services sector registers strongest growth in four months, boosted by rising demand and lower inflation – Times of India

Services sector registers strongest growth in four months, boosted by rising demand and lower inflation – Times of India

NEW DELHI: India’s services sector growth reached a four-month high in December, driven by a surge in new business inflows on strong demand conditions, and a reduction in inflationary pressures, according to a monthly survey released on Monday.The seasonally adjusted HSBC India Services Business Activity Index rose to 59.3 in December, up from 58.4 in November, marking the strongest expansion …

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