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China Caixin PMI services dropped to 56.4, remains to be seen if rebound sustainable

China Caixin PMI services dropped to 56.4, remains to be seen if rebound sustainable
China’s Caixin PMI Services dropped to 56.4 in April, down from 57.8 in March and slightly below the expected 56.5. According to Caixin, the sector experienced slower yet still sharp increases in activity and new work, while input cost inflation accelerated to a one-year high. Employment growth slowed and backlogs continued to build, with the […] The post China Caixin PMI services dropped to 56.4, remains to be seen if rebound sustainable appeared first on Action Forex... Read More
Posted: May 5 2023, 04:35
Author Name: actionforex
Views: 092073

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