China Caixin June services PMI 51.2 (expected 53.4 prior 54.0)

July 03, 2024 at 02:46AM
These are the privately surveyed PMI results from China for June.

Caixin PMI Services 51.2

expected 53.4, prior 54.0

Composite 52.8

prior 54.1

The Key points made in the report:

Export business growth remains solid despite slowing in
line with overall new business

Staffing levels fall marginally in June

Charges rise only fractionally as input price inflation
declines

Earlier:

China Caixin Manufacturing PMI for June 2024 51.8 (expected 51.2, prior 51.7)

Note for the diary – China’s plenum meeting in July will focus on the economy

This article was written by Eamonn Sheridan at www.forexlive.com.