India's April services growth at 5-month high amid mounting price pressures

India's S&P Global ​​PMI in the month of April stood at 57.9, up from 53.6 in March. Similarly, the composite PMI for the month of April too saw an uptick, from 54.3 in March to 57.6 in April. Faster increases in both manufacturing production and services activity contributed to a stronger expansion in private sector output across India, data shows.

India's April services growth at 5-month high amid mounting price pressures
India's S&P Global ​​PMI in the month of April stood at 57.9, up from 53.6 in March. Similarly, the composite PMI for the month of April too saw an uptick, from 54.3 in March to 57.6 in April. Faster increases in both manufacturing production and services activity contributed to a stronger expansion in private sector output across India, data shows.