China’s services activities contracted in August for first time since March last year, manufacturing sector expands at slower pace
DATA FEATURES
China’s services activities contracted in August for first time since March last year, manufacturing sector expands at slower pace
DATA FEATURES

China’s services activities contracted in August for first time since March last year, manufacturing sector expands at slower pace

 

>>REAL-TIME UPDATES IN THE WIRE. CLICK HERE<<<

 

 

China’s services sector activity contracted in August to the second-lowest level on record, further adding to evidence of a slowing economy after the key indicator missed expectations.

The official non-manufacturing purchasing managers’ index (PMI) – which measures morale in the services and construction sectors – fell to 47.5 in August, from 53.3 in July, data from the National Bureau of Statistics (NBS) showed on Tuesday.

The figure was below the median forecast of a Bloomberg survey of analysts, which had predicted a fall to 51.9. It is the lowest . . .

Sign In or Subscribe To Get Full Access. 

 

Join Us Now

 

We Are Live On THE WIRE Every Trading Day. Don't Miss Out. Grab Limited-Time Welcome Offer!

See Samples

 
 
 

Users' reviews 

 

They work with us

Sign Up For Free Weekly China Market Highlights HERE!Â