India’s services sector maintained expansion in February, though growth moderated due to rising operational costs and slower improvement in new orders, according to recent purchasing managers index data. BulletsIn India’s Services Purchasing Managers’ Index recorded 58.1 in February, slightly lower than January’s 58.5, indicating continued expansion though the pace of growth moderated. The moderation in
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India’s services sector maintained expansion in February, though growth moderated due to rising operational costs and slower improvement in new orders, according to recent purchasing managers index data. BulletsIn India’s Services Purchasing Managers’ Index recorded 58.1 in February, slightly lower than January’s 58.5, indicating continued expansion though the pace of growth moderated. The moderation in
