Asian Economic News

India Service Sector Expands In October

India's service sector activity expanded for the first time since February in October, survey results from IHS Markit showed Tuesday.

The IHS Markit services Purchasing Managers' Index rose to 54.1 in October from 49.8 in September. Economists had forecast a score of 51.2. Any reading above 50.0 indicates expansion in the sector.

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