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China Caixin PMI services fell to 53.9, recovery losing steam
China’s Caixin Services PMI for June plunged to 53.9, down from 57.1 in the previous month and significantly below the expectation of 56.2. The composite PMI also tumbled from 55.6 to a discouraging 52.5, marking the lowest readings since the growth cycle kick-started in January. Wang Zhe, a senior economist at the Caixin Insight Group, […] The post China Caixin PMI services fell to 53.9, recovery losing steam appeared first on Action Forex...
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Posted: Jul 5 2023, 02:10
Author Name: actionforex
Views: 080952