services industry
Although the Nikkei/IHS Markit Services Purchasing Managers’ Index (PMI) rose to 49.2 last month from 48.7 in September, it remained below the 50-mark threshold separating contraction from growth on a monthly basis.
India's services activity contracts for second straight month in October
05 Nov 2019 12:56 PM

Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.

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