Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP
Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP

China’s services activity growth falls to 14-month low in June, weighed down by resurgence of coronavirus cases

  • Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May
  • China’s official services gauge had also shown a marked slowdown in June, though it remained well in expansion territory

Topic |   China economy
Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP
Caixin/Markit services purchasing managers’ index (PMI) fell to 50.3 in June, the lowest since April 2020 and down significantly from 55.1 in May. Photo: AFP
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