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India Service Sector Stays In Contraction Mode For Three Straight Months

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Capital Market
Last Updated : Aug 04 2021 | 4:05 PM IST
IHS Markit India Services PMI came at 45.4 in July 2021. The index was in contraction territory for the third month in a row. However, the index rose from 41.2 posted in June. Panel members that reported lower output cited subdued demand conditions amid the COVID-19 crisis.

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First Published: Aug 04 2021 | 3:45 PM IST

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