Accordingly, the seasonally adjusted Nikkei India Services Business Activity Index dipped from 54.2 in July to 51.5 in August.
Consequently, the headline seasonally adjusted Nikkei India Composite PMI Output Index which fell to 51.9 in August from July's 21-month high of 54.1, driven by weaker growth in both the manufacturing and service sectors.
An index reading of above 50 indicates an overall increase in economic activity and below 50 an overall decrease.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
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