ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India Services PMI contracts in November

TOKYO -- The Nikkei India services Purchasing Managers' Index, or PMI, dipped into negative territory in November, in the first contraction in three months, as the country continued to reel from the effects of the new goods and service tax, or GST.

July's GST continued to affect businesses as it led to sluggish demand and lower customer turnout.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more