scorecardresearchServices PMI: India's July services growth slips to 4-month low as inflation stays high

Services PMI: India's July services growth slips to 4-month low as inflation stays high

Updated: 03 Aug 2022, 10:41 AM IST
TL;DR.
The S&P Global India Services Purchasing Managers' Index sank to 55.5 in July from 59.2 in June, its lowest since March and below the Reuters poll expectation of 58.5.
Prepaid payments instruments facilitate the purchase of goods and services against the value stored in them

Prepaid payments instruments facilitate the purchase of goods and services against the value stored in them