India  

Services activity at 6-month high in January

IndiaTimes Monday, 5 February 2024
According to a survey released on Monday, activity within the country's services sector surged to a six-month peak in January. This increase was driven by the most significant rise in new orders since July last year and the fastest expansion in exports in the preceding three months. The HSBC India Services PMI business activity index, comfortably exceeding the neutral level of 50, reached 61.8 in January, up from 59 in December.
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