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India's services activity hits 17-month low in June
short by Jessica Rajan / on Sunday, 5 July, 2026
India's services sector growth slowed in June, falling to a 17-month low of 57.4 from 59.8 in May, according to the HSBC Services PMI. The latest reading marks the weakest expansion since January 2025. Although the index remained above the 50-mark that signals growth, it pointed to a moderation in activity across the services sector.
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