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India's July services sector growth slides to over four-year low as demand wilts: PMI
India's services sector growth slowed significantly in July, reaching its weakest pace in over four years. New business expansion was moderate, posting the softest growth in nearly four-and-a-half years. Hiring activity saw a modest increase after a six-month low, marking continued job creation. Input cost inflation eased, but firms raised selling prices to clients. Business confidence declined to a seven-month low, reflecting concerns about future demand.
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economictimes.indiatimes.com
India's July factory growth near five-year low on weaker demand, PMI shows
India's manufacturing growth slowed to a near five-year low in July as weak demand weighed on new orders, while hiring growth softened for a third month. Easing input cost…
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thehindubusinessline.com
PMI Manufacturing slips to near 5-year low in July
India's PMI Manufacturing index falls to a near 5-year low in July, signaling weakened job creation and mixed sector growth.
