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China’s Caixin services PMI in June plunges to 50.3, a 14-month low

China’s Caixin Services Purchasing Managers’ Index (PMI) in June fell to 50.3 which was the lowest level in 14 months. Caixin Services PMI was released on Monday, which was 4.8 percentage points lower than the reading in May and reached the bottom of previous 14 months’ data. Caixin’s survey showed that due to the scattered […]

China’s services PMI in May stands at 55.1, keeping expansion

Posted by XiaoMeiEconomicPMI

The Caixin services PMI, a private survey that gauges China’s services sector activity, was revealed on Thursday at 55.1 in May, down from 56.3 in April. Analyst believed the domestic service sector will continue to expand. Caixin services PMI in May was roughly in line with the official services PMI released by the National Bureau […]