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SERVICES SECTOR ACTIVITY GROWTH AT 5 ­MONTH HIGH

  • India’s services sector activity gained momentum and touched a five­ month high in December, supported by an uptick in new business orders that boosted output and employment
  • IHS Markit India Services Business Activity Index improved from 52.7 in November to 53.3 in December 2019, highlighting the second­ strongest rate of increase in output in over a year, after July 2019.
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June 2022
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