India’s services sector is still booming, but signs of weakness are visible

Business activity in India’s services sector softened in April but remained near its highest level in just under 14 years. However, some signs of weakness are emerging amid concerns that interest rates will stay higher for longer.

India’s services sector is still booming, but signs of weakness are visible
Business activity in India’s services sector softened in April but remained near its highest level in just under 14 years. However, some signs of weakness are emerging amid concerns that interest rates will stay higher for longer.