India Services PMI rises to two-month high in January
after close1 source ↓written by the desknot a recommendation
- rising
- 58.5
- in December
- 58.0
- also increased
- 58.4
India's services sector activity strengthened in January, with the Services PMI rising to 58.5, up from 58.0 in December. The Composite PMI also increased to 58.4, indicating robust expansion driven by domestic and international orders. This growth signals sustained momentum in the services sector, potentially boosting investor confidence.
Not investment advice. For informational purposes only.