India’s services sector output growth hits 3-month high in Nov on strong demand
New Delhi, Dec 5 (PTI) India’s services sector output growth touched a three-month high in November as business inflows rose markedly amid accommodative demand conditions, a monthly survey said on Monday.
The seasonally adjusted S&P Global India Services PMI Business Activity Index rose from 55.1 in October to 56.4 in November, indicating a sharp increase in output that was the quickest in three months even amid higher operating expenses.
Survey participants linked the latest expansion to demand strength, successful marketing and a sustained upturn in sales.
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