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Latest Articles in Services Industry

India's Services Activity Shrinks For Sixth Month In August, Job Losses Mount

A composite index, which measures both services and factory activity, improved to 46.0 in August from July's 37.2, cushioned by a better manufacturing performance, but remained well below the neutral 50.0 level.

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India's October Services Activity Contracts For Second Straight Month

The last time services activity contracted for two consecutive months was in August 2017 following the hasty implementation of a Goods and Services Tax (GST).

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Services Industry Contracts In February As Inflation Hits Demand

Services activity suffered for most of last year following a ban of high value currency notes in November 2016

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