China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 52.9 in January from 48 in December, data released on Friday showed. Photo: AP
China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 52.9 in January from 48 in December, data released on Friday showed. Photo: AP
China's economic recovery
Economy /  Economic Indicators

China’s services sector activity expanded for first time in 5 months in January

  • Caixin/S&P Global services purchasing managers’ index (PMI) rose to 52.9 in January from 48 in December
  • On Tuesday, the official non-manufacturing PMI, which measures business sentiment in the services and construction sectors, rose to 54.4 in January from 41.6 in December

Reuters
Reuters

Updated: 1:03pm, 3 Feb, 2023

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China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 52.9 in January from 48 in December, data released on Friday showed. Photo: AP
China’s Caixin/S&P Global services purchasing managers’ index (PMI) rose to 52.9 in January from 48 in December, data released on Friday showed. Photo: AP
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