India’s services growth slowed further in April, input costs soared

Capt. John

Growth in India’s dominant services sector eased to a three-month low in April but remained unexpectedly resilient even as the COVID-19 crisis intensified and cost pressures rose at the fastest pace in over nine years, a private survey showed. The Nikkei/IHS Markit Services Purchasing Managers’ Index fell to 54.0 last month from 54.6 in March, …

The post India’s services growth slowed further in April, input costs soared first appeared on Hellenic Shipping News Worldwide.

Author: Capt. John

https://www.hellenicshippingnews.com/indias-services-growth-slowed-further-in-april-input-costs-soared/

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