India's services sector growth hits 4.5-year low in July amid weak demand: PMI

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6 August 2026 at 8:16 am

India's services sector growth hits 4.5-year low in July amid weak demand: PMI

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Summary

India's services sector growth reached a four-and-a-half-year low in July, as indicated by the PMI, due to weak demand, with business activity rising at its weakest rate in 53 months.

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