India’s services sector accelerated at its slowest pace in seven months in October as output and new business expansion remained soft due to inflationary pressure, a survey said.
At 58.4 in October, the seasonally adjusted S&P Global India Services PMI Business Activity Index indicated a slowdown in expansion as against 61 in September, signalling the slowest rate of growth since March.
Register to continue reading this story
Google
Facebook
Email
Already have an account? Sign in