March services PMI eases as global orders cool
New Delhi, April 5 -- Growth in India's services activity, as measured by the Services Purchasing Manager's Index (PMI), fell slightly in March with a softening in both domestic and international demand, according to a release from S&P Global on Friday. The seasonally adjusted HSBC India Services Business Activity Index came in at 58.5, down from 59 in February. To be sure, the PMI services reading was higher than the services flash PMI of 57.7, released last month....
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