China's Caixin/S&P PMI Shows Growth Moderation in Service Sector for April

Monday, 6 May 2024, 02:02

China's services PMI continued expanding in April but at a slower pace compared to March. Despite the moderation, new business and export orders showed acceleration, indicating a mixed performance in the country's service sector.
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China's Caixin/S&P PMI Shows Growth Moderation in Service Sector for April

China's Caixin/S&P Global Services PMI in April

China's Caixin/S&P Global services purchasing managers’ index (PMI) remained in expansionary territory for the 16th straight month in April, but eased from March, data released on Monday showed.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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