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China Caixin July Services PMI 54.1 (expected 52.5, prior 53.9)

China Caixin July Services PMI 54.1 (expected 52.5, prior 53.9)
Caixin / S&P Global Services PMI for July is a beat and an improved 54.1 and a seventh consecutive month of expansionexpected 52.5, prior 53.9The Composite, however, is down from June at 51.9prior 52.5"In terms of policies, the top priorities should still be guaranteeing employment, stabilizing expectations and increasing household income," said Wang Zhe, senior economist at Caixin Insight Group. --An encouraging result from China. The Composite was dragged down by the manufacturing PMI that fel... Read More
Posted: Aug 3 2023, 02:01
Author Name: forexlive
Views: 110781

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