India Services PMI edges up to 59.8 in November final print, beats flash 59.5

India’s HSBC Services PMI finalised at 59.8 for November, a slight upgrade from the flash estimate of 59.5 and up from October’s 58.9. The reading signals robust expansion in the services sector—over 70% of GDP—driven by stronger output and new orders, though global competition tempered export growth.

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