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India's August Services PMI Soars to 15-Year Peak Amid Rising Inflation Pressures
2 week ago /
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Author：小编
A business survey released on Wednesday revealed that India's services sector surged to a 15-year high in August, fueled by robust demand. Concurrently, price hikes accelerated to their fastest pace in over a decade. Previous official figures indicated that India's economic growth rate for the last quarter reached 7.8%, significantly outpacing forecasts. Nonetheless, the Trump administration's imposition of steep tariffs on Indian goods imported into the United States poses a potential threat to India's future economic expansion.
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