India's services growth slows to six-month low in March
pre-market1 source ↓written by the desknot a recommendation
- in March
- 52.0
- in February
- 52.5
India's services sector growth decelerated to 52.0 in March, down from 52.5 in February, marking the slowest pace since September. This decline is attributed to weaker domestic demand and a six-month low in hiring. Despite improved foreign demand, overall demand weakened as firms increased output prices, impacting growth prospects.
Not investment advice. For informational purposes only.