July PMI services rises sharpest since June 2010 on robust global demand

India’s services sector growth jumped to its highest pace in over thirteen years in July, according to a private survey.  According to S&P Global, India’s services purchasing managers’ index (PMI) grew to its highest level since June 2010 to 62.3 in July. A reading above 50 shows an expansion in the sector. The… Continue reading July PMI services rises sharpest since June 2010 on robust global demand