India, Aug. 21 -- India's private sector growth accelerated somewhat in August as the service sector drove growth, though manufacturing output remained weak, according to flash survey results from S&P Global released Friday.
The HSBC flash composite output index rose to 54.6 in August from July's 52-month low of 54.3. A reading above 50 signals expansion. However, August marked the second-weakest expansion since March 2022.
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