India Service Sector Stays In Contraction Mode For Three Straight Months

IHS Markit India Services PMI came at 45.4 in July 2021. The index was in contraction territory for the third month in a row. However, the index rose from 41.2 posted in June. Panel members that reported lower output cited subdued demand conditions amid the COVID-19 crisis.
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First Published: Aug 04 2021 | 3:45 PM IST
