Services Sector Pmi
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India's Service Sector Growth Second-Highest In 13 Years
India's services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions and new client wins, a monthly survey said on Monday.
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India's Services Sector Growth Dips Slightly In January
For the 18th straight month, S&P Global India Services PMI Business Activity Index was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion.
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Services Sector Growth Touches 6-Month High In December
"December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
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India's Services Sector Optimism In October Highest Since Early 2015
Activity in India's dominant services industry gathered pace in October despite high inflationary pressures, a private survey showed.
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Services Firms' Activity Slips To 4-Month Low In July As Inflation Remains High
Growth in India's dominant services industry slowed sharply in July, squeezed by high inflationary pressures and weaker demand, leading to a further fall in business expectations, a private survey showed.
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Services Firms' Activity Growth Fastest In Over 11 Years
India's dominant services industry expanded at the fastest pace in over eleven years in June amid strong demand.
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October Services Growth Strongest In Over A Decade, Input Costs Surge
The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.
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June Services Activity Shrinks At Fastest Rate In 11-Months
Activity in the country's services sector contracted sharply in June as tighter restrictions to contain a resurgence of Covid cases hammered demand.
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Services Growth At One-Year High On Boom In Domestic Demand
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
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Services Sector Expands, Business Optimism Touches 11-Month High: Report
The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.
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COVID-19 Impact: Services Industry Lost Momentum In November, PMI At 53.7
Output and sales across the private sector have held up well, but there were some signs of growth losing momentum among goods producers and service providers
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Services Sector Activity Contracts For Fourth Successive Month In June: Survey
The survey showed a slower rate of decline, as compared to May, reflecting some stabilisation in activity levels
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Services Growth At Over Seven-Year High On Strong Export Demand: Survey
The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 57.5 in February from January's 55.5.
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Buoyant Demand Boosts Services Activity To Five-Month High In December
The findings are likely to provide some relief to markets and spur hopes of an economic recovery in Asia's third-largest economy.
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Amid Economic Slowdown, This Survey Says The Worst May Be Over
The rise in the services index followed data earlier this week showing manufacturing also improved in November, resulting in the composite PMI index jumping to 52.7 from 49.6.
-
India's Service Sector Growth Second-Highest In 13 Years
India's services sector growth eased slightly in May, but registered the second-strongest rate of growth in close to 13 years, on favourable demand conditions and new client wins, a monthly survey said on Monday.
-
India's Services Sector Growth Dips Slightly In January
For the 18th straight month, S&P Global India Services PMI Business Activity Index was above the neutral 50 threshold. In Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion.
-
Services Sector Growth Touches 6-Month High In December
"December saw a welcome expansion in Indian services activity, underscoring the resilience of demand as 2022 came to an end," said Pollyanna De Lima, Economics Associate Director at S&P Global Market Intelligence.
-
India's Services Sector Optimism In October Highest Since Early 2015
Activity in India's dominant services industry gathered pace in October despite high inflationary pressures, a private survey showed.
-
Services Firms' Activity Slips To 4-Month Low In July As Inflation Remains High
Growth in India's dominant services industry slowed sharply in July, squeezed by high inflationary pressures and weaker demand, leading to a further fall in business expectations, a private survey showed.
-
Services Firms' Activity Growth Fastest In Over 11 Years
India's dominant services industry expanded at the fastest pace in over eleven years in June amid strong demand.
-
October Services Growth Strongest In Over A Decade, Input Costs Surge
The survey showed Asia's third-largest economy was on a sustained recovery path but rising prices could prompt the Reserve Bank of India to hike interest rates earlier than expected.
-
June Services Activity Shrinks At Fastest Rate In 11-Months
Activity in the country's services sector contracted sharply in June as tighter restrictions to contain a resurgence of Covid cases hammered demand.
-
Services Growth At One-Year High On Boom In Domestic Demand
Asia's third largest economy came out of a technical recession and expanded 0.4 per cent annually last quarter.
-
Services Sector Expands, Business Optimism Touches 11-Month High: Report
The seasonally-adjusted India Services Business Activity Index rose from 52.3 in December to 52.8 in January, pointing to a quicker expansion in output.
-
COVID-19 Impact: Services Industry Lost Momentum In November, PMI At 53.7
Output and sales across the private sector have held up well, but there were some signs of growth losing momentum among goods producers and service providers
-
Services Sector Activity Contracts For Fourth Successive Month In June: Survey
The survey showed a slower rate of decline, as compared to May, reflecting some stabilisation in activity levels
-
Services Growth At Over Seven-Year High On Strong Export Demand: Survey
The Nikkei/IHS Markit Services Purchasing Managers' Index climbed to 57.5 in February from January's 55.5.
-
Buoyant Demand Boosts Services Activity To Five-Month High In December
The findings are likely to provide some relief to markets and spur hopes of an economic recovery in Asia's third-largest economy.
-
Amid Economic Slowdown, This Survey Says The Worst May Be Over
The rise in the services index followed data earlier this week showing manufacturing also improved in November, resulting in the composite PMI index jumping to 52.7 from 49.6.
