Despite this, the latest reading indicated second strongest growth rate in just under 13 years, said the services PMI survey report. A reading above 50 denotes expansion.
The services sector output was said to be supported by favourable demand, new client wins and positive market dynamics. A comparison of headline PMI data shows that momentum in economic activity remains higher in services sector than manufacturing. But this resilience could be put to test.
Bu hikaye Mint Mumbai dergisinin June 06, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin June 06, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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