China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 51.4 in January from 53.1 in December, data released on Monday showed. Photo: Bloomberg
China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 51.4 in January from 53.1 in December, data released on Monday showed. Photo: Bloomberg
China's economic recovery
Economy /  Economic Indicators

China’s services sector activity growth expands at slowest rate in 5 months due to coronavirus outbreaks

  • Caixin/Markit services purchasing managers’ index (PMI) fell to 51.4 in January from 53.1 in December
  • China’s official non-manufacturing PMI, which measures business sentiment in the services and construction sectors, earlier fell to 51.1 from 52.7 in December

Reuters
Reuters

Updated: 10:03am, 7 Feb, 2022

Why you can trust SCMP
China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 51.4 in January from 53.1 in December, data released on Monday showed. Photo: Bloomberg
China’s Caixin/Markit services purchasing managers’ index (PMI) fell to 51.4 in January from 53.1 in December, data released on Monday showed. Photo: Bloomberg
READ FULL ARTICLE