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Services PMI rises to 4-month high of 55.8 in Oct as cost inflation eases

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Services PMI rises to 4-month high of 55.8 in Oct as cost inflation eases
Photo / Coverage: Business Standard - Top Stories
EXECUTIVE SUMMARY

The HSBC India Services PMI rose to 55.8 in October from 55.2 in September, driven by stronger domestic demand, even as export orders and hiring growth weakened

Key Takeaways

  • Services PMI rises to 4-month high of 55.8 in Oct as cost inflation eases.

The HSBC India Services PMI rose to 55.8 in October from 55.2 in September, driven by stronger domestic demand, even as export orders and hiring growth weakened

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Published originally on Business Standard - Top Stories

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