By Asit Ranjan Mishra, New Delhi
PUBLISHED ON MAY 06, 2021 06:21 AM IST
- Data released by analytics firm IHS Markit showed that the Purchasing Managers’ Index (PMI) for the services sector declined to 54 in April from 54.6 in the preceding month.
UPDATED ON OCT 13, 2020 05:54 AM IST
The post-lockdown sequential recovery is flattening and inflation is gathering momentum. This raises questions on the recent optimism around economic recovery.