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Accommodation and realty top services growth in May - The Economic Times
India's services sector expanded broadly in May, with sixteen of nineteen tracked sectors showing growth. Accommodation and food services, real estate, and retail trade emerged as fastest-growing segments. The new Index of Service Production showed this broad-based expansion across many areas. Calculations suggest services output grew by 9.8% in May, moderating from April's figure. This moderation was due to slower growth in retail trade and IT services.
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