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China Caixin / S&P Global non-manufacturing PMI for May: 57.1 (vs. expected 55.2)

China Caixin / S&P Global non-manufacturing PMI for May: 57.1 (vs. expected 55.2)
China Caixin / S&P Global PMIs for May:Services a solid beat at 57.1, fifth consecutive month of expansionexpected 55.2prior 56.4Composite 55.6prior 53.6In brief from the report:Both services supply and demand expanded furthergauges for business activity and total new orders both stood above 50 for the fifth consecutive month and logged their second-highest readings since November 2020External demand also maintained strong momentum, with the measure for new export orders staying in expansionary... Read More
Posted: Jun 5 2023, 01:45
Author Name: forexlive
Views: 102284

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