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India's services growth hits lowest since Nov 2023: PMI Data
The Business Guardian
|October 05, 2024
India's services sector, which has been a key driver of the country's economic growth, experienced a slowdown in September 2024.
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The HSBC India Services Purchasing Managers' Index (PMI) survey, compiled by S&P Global, showed that the sector's growth, in terms of new business, international sales, and overall output, rose at the slowest pace since November 2023. Despite the softer expansion, the survey still pointed to historically strong rates of growth, reflecting resilience within the sector.
Dit verhaal komt uit de October 05, 2024-editie van The Business Guardian.
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