India June services growth remained strong despite high price inflation
India's service sector growth slowed to a three-month low with the S&P Global India services Purchasing Managers' Index (PMI) falling to 58.5 in June, despite pricing increasing at the quickest rate in nearly six years. The sector accounts for around 60% of India's overall output and the sustained growth indicates Asia's third-largest economy will out pace many of its peers over coming quarters.
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