Indian services spiked, PMI jumped to 62.3 in July

Indian service sector continued to perform strongly in July

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The S&P Global’s Indian services Purchasing Managers Index rose to 62.3 in July from 58.5 in June

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This is the highest in more than 13 years, with the last time being higher in June 2010

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The Indian Manufacturing sector PMI dipped to 57.7 in July

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However, the S&P Global India Composite PMI Output Index reached a 13-year high of 61.9, driven by strong services activity

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Indian services spiked, PMI jumped to 62.3 in July

Indian service sector continued to perform strongly in July

The S&P Global’s Indian services Purchasing Managers Index rose to 62.3 in July from 58.5 in June

This is the highest in more than 13 years, with the last time being higher in June 2010

The Indian Manufacturing sector PMI dipped to 57.7 in July

However, the S&P Global India Composite PMI Output Index reached a 13-year high of 61.9, driven by strong services activity

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