India's Services Activity Quickens in September, HSBC-S&P Survey Shows

MT Newswires Live

Sep 23

Services activity in India expanded in September, with the final HSBC India Services Purchasing Managers' Index (PMI) growing to 55.8 from the revised 54.1 reading the previous month, according to data compiled by S&P Global and released on Wednesday.

The latest print marked the strongest expansion since June. A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.

The latest performance was driven primarily by stronger demand for properties, transport services, and new travel bookings due to marketing efforts.

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A reading above 50 indicates expansion in the sector, while a figure below signals a contraction.</p><p>The latest performance was driven primarily by stronger demand for properties, transport services, and new travel bookings due to marketing efforts.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1267930227.SGD","symbol_name":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2669817792","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2669817792","pubTimestamp":1790140723,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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