India’s Services PMI recorded at 58.4 in Nov, job creation hits record high

India’s Services PMI eased marginally to 58.4 in November from 58.5 in October, according to S&P Global. The sector saw record job creation since 2005, driven by strong sales and growing export orders from Asia, Europe, and the US. However, input costs surged 15-month high, with output prices rising at a near 12-year peak.

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *