India's services PMI surges to five-month peak in August on resilient demand, easing prices
India's services sector activity reached a five-month high in August, driven by strong domestic demand and easing inflation. The HSBC India Services PMI rose to 60.9 from 60.3 in July. Despite a decline in international demand growth, firms remain optimistic about future growth, with cost pressures rising at a slower pace.
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