Services sector growth hits 17-month low in June

3 Jul 2026via Telegraph IndiaSource

English हिंदी తెలుగు தமிழ்ಕನ್ನಡ मराठी বাংলা ગુજરાતી

India's services sector PMI fell to 51.2 in June, a 17-month low, due to weak domestic demand. Although activity remained above the 50-mark indicating expansion, growth momentum slowed sharply. New orders and business optimism declined, signaling softening consumer appetite. Input cost pressures also eased.

📊 STOCKS: | 🏢 SECTOR: Macro | #MEDIUMIMPACT #PMI

#PMI#services#domestic-demand

⚠️ This brief is AI-generated from public news sources for informational purposes only. Not investment advice. Always consult a SEBI-registered advisor before trading.

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