India's services sector growth hit a 17-month low in June, with domestic demand weakening sharply and new business expansion slowing to its lowest in over two-and-a-half years.
PMI fell to 57.4 in June
Jul 03, 2026
12:28 pm
What's the storyIndia's services sector, a major contributor to the country's economy, witnessed its slowest growth in 17 months during June.
The slowdown was driven by a sharp decline in domestic demand and the slowest new business growth in over two-and-a-half years.
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