India’s services sector activity better in August 2020, says a monthly survey.

According to IHS Markit, the Indian service sector activity index rises from 34.2 in July to 41.8 in August 2020.

According to IHS Markit, the Indian service sector activity index rises from 34.2 in July to 41.8 in August 2020.IHS Markit's and Nikkei survey states that India’s services sector activity is better in August when comparing six months' monthly index since March, which was the highest, before the escalation of the pandemic (Refer page NO: 5 in IHS Markit and Page No:1 in Market Economics). According to IHS Markit India Services Purchasing Managers' Index (PMI), 50 and above score means that there is an improvement, and a score below that denotes contraction.

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