India Services PMI: Slackening demand drags activity to four-month low in Sept

Activity in India`s dominant services sector eased to a four-month low in September on dwindling demand, while intensifying price pressures pointed to a bumpy road ahead, a private survey showed on Thursday.

India Services PMI: Slackening demand drags activity to
The Nikkei/IHS Markit Services Purchasing Managers` Index fell to 50.9 last month from 51.5 in August, and held just above the 50 mark that separates growth from contraction. Image Source: Reuters

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