Domestic demand, easing costs propped up Services in August: PMI

Domestic demand, easing costs propped up Services in August: PMI

Image used for representation purpose only. Business activity in India’s services sector accelerated at a five-month high pace in August, aided by productivity gains, a pullback in cost pressures which eased to a four-year low, and higher domestic demand. However, optimism among services firms about next year’s prospects slumped to a 13-month low, while it … Read more