business / news / / The Economic Times
India's services sector saw strong growth in April, reaching a five-month peak.
India's services activity index hit a five-month high in April at 58.8.
KEY POINTS
- Domestic demand compensated for a slowdown in export orders amid the West Asia conflict.
- Input cost inflation, while moderated, is still among the highest since November 2024.
- Firms are absorbing much of the cost rise, keeping selling price increases moderate.
- Consumer services, transport, and information & communication saw the highest rates of input and output inflation.
COMPANIES
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