Services PMI falls marginally to 58.4 in Nov, job creation improves

Quick Summary:

Pranjul Bhandari, chief India economist at HSBC, observed that India posted a strong services PMI in November.

The services sector employment grew at the fastest pace ever recorded since the survey began in 2005.

Output prices increased at the fastest rate in close to 12 years," the survey concluded.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Category: BusinessFinance

Markets: India

Topics: Export orders New orders Services sector growth Services employment Input costs Output growth Job creation HSBC Output prices Price pressures November PMI Business confidence India's services sector Services PMI November International demand Labour costs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 11:09:50 (23 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 449 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24112753

View Article Analysis

About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 310 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

Publisher Details

Frequently Asked Questions