India’s November Services PMI at 1-year low, but outlook for business activity remains bright
Tuesday, 5 December 2023
India's services sector, which contributes more than 50% to the country's GDP, expanded at a slower pace in November, according to a private survey. The S&P Global India Services Purchasing Managers' Index (PMI) dropped to 56.9 in November, down from October's 58.4.
India's services sector, which contributes more than 50% to the country's GDP, expanded at a slower pace in November, according to a private survey. The S&P Global India Services Purchasing Managers' Index (PMI) dropped to 56.9 in November, down from October's 58.4.
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