Indian services PMI rises first time in seven months to 52.2 in May
Indian services PMI tracked by Japanese stock exchange Nikkei rose to 52.2 in May. The Nikkei India Services PM is based on data compiled from monthly replies to questionnaires sent to purchasing executives in around 400 private service sector companies.
The services sector Purchasing Manager’s Index (PMI) rose to 52.2 in May as compared to 50.2 in April. Image Source: Pixabay