PMI Services falls to 14-month low of 57.5 in March
after close1 source ↓written by the desknot a recommendation
- in March
- 57.5
- marking
- 14-month low
- surged
- 45-month high
India's Purchasing Managers' Index (PMI) for services dropped to 57.5 in March, marking a 14-month low. Input price inflation surged to a 45-month high, reflecting economic pressures amid the ongoing conflict. Despite this, job creation saw an uptick, indicating some resilience in demand, particularly from new export orders. 📉
Not investment advice. For informational purposes only.