Services PMI slid to 60.6 in February: S&P Global
With new orders slowing, the Purchasing Managers’ Index (PMI) for February slipped to 60.6, S&P Global said on Tuesday. The index was at 61.8 in January. Services sector has over 53 per cent share in Gross Value Added (GVA). “Due to a slowdown in growth in new orders and output, services companies’ outlook for future … Read more