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Services output contracts to 4-year low of 45 9 in July post GST roll

Services output contracts to 4-year low of 45.9 in July post GST roll Services output contracts to 4-year low of 45.9 in July post GST roll The Services Sector Dipped In July To Its Lowest Level In Nearly Four Years Following Implementation Of The Goods And Services Tax (GST), Showed A Monthly Survey On Wednesday. News Nation Bureau | Edited By : Gautam Lalotra | Updated on: 03 Aug 2017, 11:52:01 AM New Delhi: The services sector dipped in July to its lowest level in nearly four years following implementation of the Goods and Services Tax (GST), showed a monthly survey on Wednesday. The Nikkei India Services Purchasing Managers Index (PMI), a pointer to services output on a monthly basis, plunged to 45.9 in July, the lowest since September 2013, from June s eight-month high of 53.1.

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