India Services PMI Holds Near 4-Year Low at 54.1 in August
HSBC HSBC Holdings plc ADR
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View chart & analysis → - 1India's services sector slightly accelerated in August, but overall activity remained near its weakest level in over four years.
- 2The HSBC India Services PMI rose to 54.1 from 53.3 in July, while hiring posted its fastest increase in 15 months.
- 3New business growth was the second-weakest in over four years, and the composite PMI held at 54.3 amid a manufacturing slowdown.
This 3-line summary is compiled from the report below.
Reuters View original ↗
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