The Caixin/Markit services purchasing managers’ index (PMI) eased to 51.1 in October, it’s lowest level since February. Photo: AFP

China services sector activity slips to eight-month low in October, Caixin PMI survey shows

  • Caixin/Markit services PMI slipped to 51.1 in October, the lowest level since February, down from 51.3 in September
  • Downward momentum in the private survey’s services gauge comes amid China’s continued trade war with the United States
Topic |   China economy

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The Caixin/Markit services purchasing managers’ index (PMI) eased to 51.1 in October, it’s lowest level since February. Photo: AFP
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China manufacturing purchasing managers (PMI) index dropped to 49.3 in October from 49.8 in September, below expectations. Photo: AFP

China manufacturing slumps for sixth straight month, October PMI below expectations

  • China’s manufacturing purchasing managers’ index (PMI) dropped to 49.3 in October from 49.8 in September, below expectations
  • China’s non-manufacturing PMI also fell to 52.8 in October from 53.7 in September, also below expectations
Topic |   China economy

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China manufacturing purchasing managers (PMI) index dropped to 49.3 in October from 49.8 in September, below expectations. Photo: AFP
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