Services exports expand at record pace in August
The S&P Global India Services PMI Index marginally falls to 60.1 in August from 62.3 in July.
The S&P Global India Services PMI Index marginally falls to 60.1 in August from 62.3 in July.
Despite the substantial uptick in new orders, staff levels in the service sector increased only marginally in April.
The S&P Global India Services PMI Index remained in growth territory for the twentieth successive month.
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 56.4 in November to 58.5 in December.
This is the fastest increase in the services sector PMI since August, when it stood at 57.2. The services sector PMI for October stood at 55.1.