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Services activity hits 3-mth low in December

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New Delhi, January 5

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India’s services sector activity moderated in December as business activity and sales rose at a softer pace, while price pressures and the possibility of new waves of Covid affected business sentiment, a monthly survey said on Wednesday. The seasonally adjusted India Services Business Activity Index fell from 58.1 in November to a three-month low of 55.5 in December. — PTI

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