Activity in India's service sector increases

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Source: RTT News
Activity in India's service sector increased at the fastest pace in 3 months in December, data by Markit Economics and HSBC Bank showed today. The Seasonally adjusted PMI for service sector climbed to 55.6 from 52.1 a month earlier, with reading above 50 indicating expansion in the sector. The composite output index also increased to 56.3 from 53.2 a month before. 
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