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India's services growth accelerates to 55.8 in October, cost pressures ease to six-year low

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Summary

India's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' Index (PMI) rising to 55.8 from 55.2 in September, while input cost inflation eased to its lowest level in more than six years, according to data released by S&P Global on Wednesday.

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  1. Times of India Center Factuality: Mostly factual IN
    India's services growth accelerates to 55.8 in October, cost pressures ease to six-year low

    India's services sector activity expanded at its fastest pace in four months in October, with the HSBC India Services Purchasing Managers' Index (PMI) rising to 55.8 from 55.2 in September, while input cost inflation eased to its lowest level in more than six years, according...

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