Question

According to the credit rating agency S&P Global,the services Purchasing Managers' Index (PMI) declined marginally to ______ in June from 61.2 in May.  

A 55.4 Correct Answer Incorrect Answer
B 56.7 Correct Answer Incorrect Answer
C 57.1 Correct Answer Incorrect Answer
D 58.5 Correct Answer Incorrect Answer
E None of these Correct Answer Incorrect Answer

Solution

According to the credit rating agency S&P Global,the services Purchasing Managers' Index (PMI) declined marginally to 58.5 in June from 61.2 in May.  Growth in India’s dominant services sector declined in June as inflationary pressures intensified in both input costs and output charges.  

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