India's Service Sector Sees Growth Slowdown in May
Wednesday, 5 June 2024, 02:10
India's May Services Growth Slows to Five-Month Low
The Purchasing Managers' Index (PMI) data for India's service sector in May indicates a slowdown in growth, reaching a five-month low. This development, though concerning, may provide insights into the current state of India's economy and highlight potential impacts on investor sentiment.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.