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India’s service sector
July 12 , 2022
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- In June, the services industry in India had its highest level of activity in 11 years.
- The results demonstrate a solid rebound in the services sector, which is reflected in good GST receipts.
- The S&P Global Purchasing Managers’ Index (PMI) for services increased to 59.2 in June from 58.9 in May.
- That is the highest level since April 2011.
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