Services growth slows markedly in July, PMI dipped to 53.3

· thehindubusinessline.com

Manufacturing has a share of over 17% in GVA. Both the indices are derived from responses collected among purchasing executives of 400 companies

After manufacturing, services sector too showed stress in July as Purchasing Manager’s Index (PMI) dipped to 53.3 as against 57.4 in June, a report by S&P Glo...


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