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India's services activity accelerates in May as new business picks up: PMI
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5 June 2017
On 5 June 2017 Reuters reported:
Activity in India's services industry accelerated in May as domestic and foreign orders rose, prompting firms to create jobs at the fastest pace in nearly four years, a private business survey showed on Monday, 5 June. The Nikkei/IHS Markit Services Purchasing Managers' Index rose to a seven-month high of 52.2 in May, from April's 50.2. A reading above 50 indicates expansion.
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