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China Caixin June services PMI 51.2 (expected 53.4, prior 54.0)

2024-12-30FOREXLIVEFOREXLIVE
Chine data

These are the privately surveyed PMI results from China for June.

Caixin PMI Services 51.2

  • expected 53.4, prior 54.0

Composite 52.8

  • prior 54.1

The Key points made in the report:

  • Export business growth remains solid despite slowing in line with overall new business
  • Staffing levels fall marginally in June
  • Charges rise only fractionally as input price inflation declines

Earlier:

  • China Caixin Manufacturing PMI for June 2024 51.8 (expected 51.2, prior 51.7)
  • Note for the diary - China's plenum meeting in July will focus on the economy
The Caixin/Markit PMIs for Services (and Composite) for September is due at 0145 GMT on Friday 08 Oc

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