A sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: BloombergA sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: Bloomberg
A sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: Bloomberg

China’s service sector growth slows to seven-month low in September, despite increase in new orders

  • Caixin/Markit service sector purchasing managers’ index (PMI) fell to 51.3 in September, down from 52.1 in August
  • Sharp rise in input costs for labour and raw materials put pressure on companies, restraining business confidence, analyst says

Topic |   China economy
A sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: BloombergA sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: Bloomberg
A sharp rise in input costs for labour and raw materials put pressure on Chinese companies. Photo: Bloomberg
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