China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 48 in December from 46.7 in November, data released on Thursday showed. Photo: Reuters
China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 48 in December from 46.7 in November, data released on Thursday showed. Photo: Reuters
China's economic recovery
Economy /  Economic Indicators

China’s services sector activity extended decline in December as Covid-19 surge hit supply, demand

  • Caixin/S&P Global services purchasing managers’ index (PMI) rose to 48 in December from 46.7 in November
  • Last week, the official non-manufacturing PMI, which measures business sentiment in the services and construction sectors, fell to 41.6 in December from 46.7 in November

Reuters
Reuters

Updated: 10:04am, 5 Jan, 2023

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China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 48 in December from 46.7 in November, data released on Thursday showed. Photo: Reuters
China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 48 in December from 46.7 in November, data released on Thursday showed. Photo: Reuters
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