- Nikkei India Services PMI measures the performance of the services sector. - A reading above 50 indicates expansion, below 50 indicates contraction. - The index level reflects the pace of growth/contraction. - May 2018 index was 52.6.
The seasonally adjusted Nikkei India Services Business Activity Index has shown robust growth in service sector in India. The index in May 2018 has risen to 52.6 registering the fastest growth since
Asked in PPSC CS Prelims 2018 · Topic: Tertiary Sector (Contribution of Services to GDP, Employment, and Exports)
More Economic Development questions
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