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India services PMI eases to 58.5 in June from 61.2 in May

India services PMI eases to 58.5 in June from 61.2 in May

Jul 05, 2023, at 05:58 pm

New Delhi/UNI: India's services sector activities remained in expansion mode, but the pace of growth decelerated in June this year, with the services PMI (purchasing managers’ index) dropping to 58.5 during the month compared to 61.2 in May, according to a S&P Global survey released on Wednesday.