New Delhi, May 6
The country’s services sector activity fell to a seven-month low in April owing to softer rise in new business and disruptions arising from the elections, a monthly survey showed Monday.
However, predictions that economic conditions will normalise after the elections underpinned optimism regarding the outlook and supported a stronger upturn in employment.
The seasonally adjusted Nikkei India Services Business Activity Index, fell from 52 in March to 51 at the start of the 2019 financial year, pointing to the weakest upturn in output since last September. — PTI
from The Tribune http://bit.ly/2H0SQXJ
via Today’s News Headlines
Services sector growth at 7-month low in April
![Services sector growth at 7-month low in April]()
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May 07, 2019
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