TeleTrade - Analytics


    888.00 6.50/10
    64% of positive reviews

    03.03.2016 09:21 Chinese Markit/Caixin services PMI declines to 51.2 in February

    The Caixin/Markit Services Purchasing Managers' Index (PMI) for China declined to 51.2 in February from 52.4 in January, missing expectations for a rise to 52.6.


    The index was driven by a softer growth in new business and employment.


    "The services sector has outperformed manufacturing industries, reflecting continued improvement in the economic structure. While implementing measures to stabilize economic growth, the government needs to push forward reform on the supply side in the services sector to release its potential," Dr. He Fan, Chief Economist at Caixin Insight Group, said.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree