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Services activity rose for a third straight month and hit its peak in ten-and-a-half years in October, as new work intakes surged at the fastest rate since July 2011.
![](https://images.financialexpress.com/2021/11/Screenshot-2021-11-04-at-7.38.51-AM.png)
![](https://images.financialexpress.com/2021/11/Screenshot-2021-11-04-at-7.38.51-AM.png)
![](https://images.financialexpress.com/2021/11/Screenshot-2021-11-04-at-7.38.51-AM.png)
Services PMI touched 58.4 in October, against 55.2 in September. But with input costs soaring, companies raised prices at the strongest pace in about four-and-a-half years
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