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India (Dec): • Services PMI = 58.0 (prev. 59.8) • Composite PMI = 58.0 (prev. 59.7) ❗️🇮🇳
⚠️ Activity in India’s services sector fell to its lowest level in 11 months. Despite the slowdown, both indices remain well above the 50 threshold, signaling continued expansion, though at a more moderate pace. Analysts point to easing domestic demand and softer global conditions as key factors behind the deceleration.
#India #economy #data
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