Economy
India Services Sector Growth Hits Three-Month High in September on PMI
The Hindu56m
THE BRIEF
1
India's services sector growth touched a three-month high in September as the HSBC India Services PMI rose to 55.2 from 54.1 in August.
2
The expansion was driven by strong domestic demand and increased order volumes across digital solutions, financial services, and transportation.
3
Input-cost pressures retreated to a 10-month low, easing the need for service providers to raise selling prices while employment levels continued to rise.