Growth pulse: Services activity picks up in November; PMI rises as new orders strengthen & price pressures ease
India’s services sector surged in November, driven by robust new business and easing price pressures, according to the HSBC India Services PMI. Operating conditions improved significantly, with faster expansion in business activity. While international sales saw a slowdown due to competition, domestic demand remained strong, bolstering overall economic sentiment.🕒 1 min read
India’s services sector surged in November, driven by robust new business and easing price pressures, according to the HSBC India Services PMI. Operating conditions improved significantly, with faster expansion in business activity. While international sales saw a slowdown due to competition, domestic demand remained strong, bolstering overall economic sentiment.
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