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Latest Articles in service sector activity

India's Services Sector Activities Slumps Into Contraction Territory In May: PMI

The seasonally adjusted India Services Business Activity Index fell to 46.4 in May, down from 54.0 in April, as the intensification of the COVID-19 crisis caused renewed declines in new business and output.

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Global Stocks Recover On Signs Of Trump's Improving Health

The MSCI world equity index, which tracks shares in 49 countries, was up 0.4% by 0812 GMT, supported by overnight gains across Asia and a positive start in Europe.

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China's Services Sector Sustains Recovery As Hiring Picks Up

Service firms remained optimistic about business prospects as the economy continues to recover from the COVID-19 lockdowns, although a sub-index for confidence in the year dipped from July's multi-year high.

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India's Services Activity Contracts In June For First Time In A Year

Overall demand in the sector - measured by the new business index - expanded at the weakest pace in nine months while foreign demand grew at the slowest rate since February.

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India's Services Sector Output Growth At 7-Month Low In April: PMI

Despite the moderation, the services PMI was in the expansion territory for the 11th straight month

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India's Services Sector Activity In Nov Sees Quickest Growth Since July: PMI

The services PMI was in the expansion territory for the sixth straight month. In PMI parlance, a print above 50 means expansion, while a score below that denotes contraction

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Services Activity Returns To Growth In Sept On Stronger Demand: PMI

The Indian private sector regained some lost ground since the implementation of July's goods and services tax (GST) as service providers followed the manufacturing industry back to growth

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