Asian Economic News

India Service Sector Growth Slows In December

India's service sector activity expanded at a softer pace in December, survey results from IHS Markit showed on Wednesday.

The IHS Markit services Purchasing Managers' Index fell to 52.3 in December from 53.7 in November. Economists had forecast a score of 54.0. Any reading above 50.0 indicates expansion in the sector.

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