💨 Abstract

India's services sector activity slightly decreased in March due to a modest slowdown in sales, softer demand, and easing inflation. The HSBC India Services PMI Business Activity Index fell from 59.0 in February to 58.5 in March, but remained above its long-term average. Sales growth was slower, with a weaker increase in international orders. Output charge inflation also decreased to a three-and-a-half-year low.

Courtesy: theprint.in

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