The Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: ReutersThe Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: Reuters
The Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: Reuters

Coronavirus: China’s services sector drops to all-time low in latest blow to economy amid Covid-19 outbreak

  • The Caixin/Markit services purchasing managers’ index (PMI) fell to 26.5 in February from 51.8 in January
  • The latest figure followed the larger-than-expected deterioration in the official and private sector manufacturing sector PMIs to all-time lows in February

Topic |   China economy
The Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: ReutersThe Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: Reuters
The Caixin/Markit services purchasing managers’ index (PMI) fell over 25 index points to 26.5 in February from 51.8 in January, with the figure adjusted for seasonal factors, including the Lunar New Year. Photo: Reuters
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