China’s services sector expanded fastest in four months in April, inflation worsened as input costs rose rapidly – private survey
STOCKS
China’s services sector expanded fastest in four months in April, inflation worsened as input costs rose rapidly – private survey
STOCKS

China’s services sector expanded fastest in four months in April, inflation worsened as input costs rose rapidly – private survey

 

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

 

 

China’s services sector expanded at the fastest pace in four months in April, driven by fast growing new businesses, a private survey showed on Friday, although surging costs are likely to weigh on growth over the coming months.

The Caixin/Markit services purchasing managers’ index (PMI) rose to 56.3 last month, the highest since December and up from 54.3 in March and remaining in the expansionary sector for the 12th consecutive month. The 50-mark separates growth from contraction on a monthly basis.

In contrast to the official survey released last week . . .

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