Private sector activity at peak: PMI Output Index touches 65.2; services growth at all-time high in August
Private sector activity in India reached record levels with the HSBC Flash India Composite PMI Output Index touching 65.2, driven by increased order volumes.The services sector achieved its highest reading of 65.5 in August since measurements began in December 2005, surpassing manufacturing sector performance, as indicated in Thursday’s private survey, cited by Economic Times.The Composite…