Services PMI eases moderately in Nov
Millennium Post Kolkata|December 05, 2024
India's services PMI marginally dipped to 58.4 in November while employment in the segment recorded robust growth, a monthly survey said on Wednesday.

NEW DELHI: The seasonally adjusted HSBC India Services Business Activity Index was down marginally to 58.4 from 58.5 in October as sales increased at a softer pace. Last month, the country's services PMI recovered from its 10-month low.

In the Purchasing Managers' Index (PMI) parlance, a print above 50 means expansion, while a score below 50 denotes contraction.

This story is from the December 05, 2024 edition of Millennium Post Kolkata.

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This story is from the December 05, 2024 edition of Millennium Post Kolkata.

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