India's services growth slowed further in April, input costs soared SECTIONS Last Updated: May 05, 2021, 10:53 AM IST Share Synopsis The Nikkei/IHS Markit Services Purchasing Managers' Index fell to 54.0 last month from 54.6 in March, its lowest since January but still well above the 50-mark separating growth from contraction and outpacing expectations in a Reuters poll for a fall to 51.1. ThinkStock Photos "The gap between rates of inflation for input prices and charges was one of the widest since the global financial crisis." Growth in India's dominant services sector eased to a three-month low in April but remained unexpectedly resilient even as the COVID-19 crisis intensified and cost pressures rose at the fastest pace in over nine years, a private survey showed.