India's services sector PMI hits 11-year high in June
The Free Press Journal|July 06, 2022
S&P GLOBAL INDIA SERVICES PMI BUSINESS ACTIVITY INDEX ROSE FROM 58.9 IN MAY TO 59.2 IN JUNE
India's services sector PMI hits 11-year high in June

India's services sector activities touched the highest mark since April 2011 amid current improvements in demand conditions, even as cost pressures in the service economy remained stubbornly high, a monthly survey said on Tuesday.

The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 58.9 in May to 59.2 in June its highest mark since April 2011.

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