China's Caixin/S&P Global services PMI Climbs at Fastest Rate in 3 Months

Wednesday, 3 April 2024, 02:00
China’s services sector witnessed a surge in growth in March as indicated by the accelerated pace of new business, with the Caixin/S&P Global services PMI reaching its peak in the last three months. This uptrend in the first quarter signals a positive momentum building up in specific segments of the economy.
https://store.livarava.com/2735541f-f15e-11ee-8942-87cc5c87fb08.jpg
China's Caixin/S&P Global services PMI Climbs at Fastest Rate in 3 Months

China’s Services Sector Growth

China's Caixin/S&P Global services purchasing managers’ index (PMI) showed significant improvement in March, highlighting the sector's robust performance.

Key Highlights:

  • New Business Acceleration: March reported the quickest rise in new business in the last three months.
  • Economic Momentum: This data adds to the growing evidence of economic progress in specific sectors.
Do you want to advertise here? Contact us

Related posts

Do you want to advertise here? Contact us
Do you want to advertise here? Contact us
Newsletter

We carefully select news from the world of finance and publish it for our users. We understand the importance of reliable and up-to-date information for people in the financial world. Do you want to receive news in a convenient format and always have it at hand — subscribe to our newsletter and make your analytical work more effective.

Subscribe