Tag

• UGI USER
• April 2025 data business activity Economic Analysis Economic Slowdown India Economy India services sector market trends new orders sector growth Services PMI
• 68
• 0

APRIL SERVICES PMI SUGGESTS EXPANSION SLOWDOWN, DRIVEN BY STRONG ORDERS

Why in the news? April’s services PMI eased to 60.8 from 61.2 in March, indicating a slight slowdown in expansion, driven by strong new orders. Overview of April’s Services Sector Performance: The HSBC India Services Business Activity Index dipped slightly from 61.2 in March to 60.8 in April, indicating a moderation in the pace of …

Read More